The Setting Sublease

The Setting

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,280
As of: June 26, 2017

The Setting Rates

On average, listings lease in the $20's per square foot per year. The The Setting region is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

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

The Setting Listing Supply

In the last 90 days, 1 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 400% of the listings in the The Setting are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,280 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 2000 and are Class A.

The Setting Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst The Setting residents. Commuting around 20 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 The Setting.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Setting.
Research