River Place Centre Sublease

River Place Centre

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,000
As of: August 17, 2017

River Place Centre Rates

Most listings are in the $30's per square foot per year. The River Place Centre submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 33% rise in rent.

Compared to the rest of the Greater Austin market, the River Place Centre submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

River Place Centre Listing Supply

In the last 90 days, 0 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the River Place Centre are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 2000 and are Class A.

River Place Centre Community

This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Most of the residents of River Place Centre work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in River Place Centre.
Market Report

Market Data

Real time and historical data on commercial real estate listings in River Place Centre.
Research

Austin Submarkets