Austin, TX Office Space Lease and Sublease


Class A Office space Austin

 Current Vacancy Rates

       RedDownArrow      9.2%

Average Asking Rates Q4 2016

GreenUpArrow

$34.80 per square foot

Office Space Availability – Updated for May 2017

Are you a tenant and need an Austin office space from 800 square feet to 2,500 square feet ? The chart below represents current listings of office space for lease or sublease in the Austin area.  Finding the right office space is just step 1, there are negotiations, market knowledge leveraged strategies, concessions, offers and lease reviews to consider. There are at least 15 steps to have a profitable lease for your business, very little work is required by you, Clients are helped thru every step.

Location Area by SubmarketSquare
Footage
Lease Rate Range
Per Year
Potential Number of Office Spaces for Lease
(Tracking Listed Properties)
Updated for :
Central Austin 701-3,500
Below 1,500 SF requires a 3 yr term
$14.40-$46.5066 Office spaces for lease listings May 2017
North Central and North East 750-3,500
Below 1500 SF requires a 3 yr term
$10.00 -$39.00170 Office spaces for lease listingsMay 2017
South Central823-3,476
Below 1500 SF requires a 3 yr term
$17.50-$35.0049 Office spaces for lease listingsMay 2017
Northwest and Far Northwest , Cedar Park850-3,000
Below 1500 SF requires a 3 yr term
$14.00-$22.0037 Office spaces for lease listingsMay 2017
Southwest 884-2,367
Below 1500 SF requires a 3 yr term
$12.00-$38.0091 Office spaces for lease listings May 2017
Southeast 720-3,500+
Below 1500 SF requires a 3 yr term
$15.00-$26.5010 Office spaces for lease listings May 2017

Office Subleasing

Austin office property can have a direct lease or be an Austin office space for sublease. If you are looking to sublease you are called a sub-lessee and  you should know these properties typically are not showcased with signage on the road and therefore are more difficult to find for the person driving by on the street. Current Subleasing opportunities on listed on the bottom chart. Rates may be gross or full service-call for more details or check the last chart below for  800 SF – 5,000SF opportunities.

Austin Office Expenses

Expenses are defined in terms such as NNN (Triple Net), NN (Double Net) , Full Service, Modified Gross and Gross. Typically within a multi-tenant office building the OPEX or operating expenses are expressed as Full Service. This means that everything is included such as electric, janitorial , common area maintenance and operating expenses.

Austin Office Lease Rates

How do you figure your rent per month? Lease rates can be expressed as a yearly lease rate or monthly lease rate as stated in our charts.  To convert a yearly rate (Divide the yearly rate by 12) Example: $18.00 /12 equals a $1.50 per square foot per month. This will give you your monthly lease rate.

Austin Office Sublease Availability Chart

Below are the most recent subleases on the market , contact us to help you find these types of offices today!

Location Area by Sub-market Square Footage Range
800-2,500 SF statistics
Sublease Rate Range
Per Month
Potential Number of Properties Available
- Office Sublease Space
Updated for
CBD , Central 926-2,515$1.50-$1.923 Office spaces for sublease May 2017
North Central to Northeast1,197-3,314$0.95-$2.7327 Office spaces for sublease May 2017
Southwest 1,000-6,948$1.21-$2.5021 Office spaces for sublease May 2017
Northwest 1,800-3,893$1.17-$2.088 Office spaces for subleaseMay 2017