Seneca West Sublease

Seneca West

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
280
As of: June 23, 2017

Seneca West Rates

The typical asking rate per listing is in the $20's per square foot per year. The Seneca West submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.

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

Seneca West Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the office spaces in the Seneca West 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 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 280 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1983 and are Class B.

Seneca West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Seneca West occupants. Commuting approximately 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 Seneca West.
Market Report

Market Data

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

Leon Valley Submarkets