Greater Austin Sublease

Greater Austin

Office Space Market Report

Number of Listings (last 90 days)
1,007
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,520
As of: December 7, 2016

Greater Austin Rates

On average, listings lease in the $20's per square foot per year. The Greater Austin region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Greater Austin Listing Supply

In the last 90 days, 1005 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Greater Austin are subleases, so you will probably have to consider a longer term lease. 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 2,500 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1986 and are Class A.

Greater Austin Community

Market Report

Trends and status of the commercial real estate market in Greater Austin.
Market Report

Market Data

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