River Place Centre Sublease

River Place Centre

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,000
As of: July 21, 2017

River Place Centre Rates

Most listings are in the $30's per square foot per year. The River Place Centre region is going through a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 33% increase in rent.

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

River Place Centre Listing Supply

In the last 90 days, 0 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the River Place Centre are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, 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 buildings in this region are close to 4 floors. Most buildings in this market were built in 2000 and are Class A.

River Place Centre Community

This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Most of the folk 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