Westgate Sublease

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Westgate

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,510
As of: July 19, 2017

Westgate Rates

The typical asking rate per listing is in the $30's per square foot per year. The Westgate region is experiencing a a rise in rates. In the last 3 months, the median rate went up $33 per sqft per year.

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

Westgate Listing Supply

In the last 90 days, 0 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Westgate 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.

The standard measurement for office space in this area is around 1,510 sqft.

Westgate Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Westgate work from home. Commuting approximately 30 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 Westgate.
Market Report

Market Data

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