South River City Sublease

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South River City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

South River City Rates

Most listings are in the $30's per square foot per year. The South River City region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Greater Austin market, the South River City region has greater rates, and you'll need to pay a premium to be in this hot submarket.

South River City Listing Supply

In the last 90 days, 14 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,240 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1980 and are Class B.

South River City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst South River City residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.