West Oak Hill Sublease

West Oak Hill

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
29,150
As of: February 26, 2017

West Oak Hill Rates

On average, listings lease in the $20's per square foot per year. The West Oak Hill region is experiencing a a rise in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 50% increase in rent.

Compared to the rest of the Greater Austin market, the West Oak Hill region has more expensive rates, and you'll need to pay a premium to be in this hot region.

West Oak Hill Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the West Oak Hill 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 29,150 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 2002 and are Class A.

West Oak Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst West Oak Hill folk. Commuting close to 15 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 West Oak Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Oak Hill.
Research