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: July 21, 2017

The Setting Rates

The typical asking rate per listing is in the $20's per square foot per year. The The Setting submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

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

The Setting Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 500% of the office spaces in the The Setting 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 available, 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 close to 3 floors. Most buildings in this market were built in 2000 and are Class A.

The Setting Community

Health care is the dominant industry in this area. 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