West Lake Hills Sublease

West Lake Hills

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

West Lake Hills Rates

On average, listings lease in the $20's per square foot per year. The West Lake Hills submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the Greater Austin market, the West Lake Hills submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

West Lake Hills Listing Supply

In the last 90 days, 29 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the West Lake Hills 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,050 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1985 and are Class B.

West Lake Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst West Lake Hills occupants. 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 West Lake Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Lake Hills.