Highest Vacancy Sub-Market(s): CBD, Far NW, NE,Northwest, South, SE
Updated for Q1 2024 : Vacancy increased to 23%
Find Medical Office Space for Lease in Austin TX
On this page, you can find several sub-markets represented for medical office space for lease. The tracking chart shows current offices for medical practices. By viewing the medical office chart below, your medical practice is receiving a high-level view of what available inventory looks like. We also track rent ranges for these specific properties.
Medical practices that are searching for Austin medical property for lease, typically require more intensive layout considerations.
How we help medical clients with their layout considerations? First, we can help a practice calculate the correct amount of medical space that they need. You can also visit our blog article on how to calculate office space. Shire Commercial has specialized in the Austin office space market since 2004. So, we are not neophytes about the process of leasing an office. Searching for which medical offices suit your needs is only the 1st step in a 15-step process.
Medical Clients receive an accurate market search. After you determine your short list, we set up the tours of the property, negotiate on it, write offers, and provide lease reviews along with Tenant improvement requirements.
As a Client, you will receive 100% support and market knowledge from a professional brokerage firm so that you can make the right decision for your business.
Leasing a Medical Office Space
We make sure we are thorough with you with initial discussions. Understanding exactly what medical practice requires with their layout.
Why? It is a skill to know how to ask the right questions. Sometimes it is an evolution of a discussion, that reveals extra critical requirements for efficiency. Medical practices can also look at subleases that are available, however there are up-sides as well as downsides for sublets.
Experienced Office Leasing | Tenant representatives
If your medical office space lease is less than 5 years, finish out will be more difficult and less customized for your needs. It is our experience most medical practitioners elect to execute a 5-10 year lease term.
The chart below is updated monthly and provides you lease rates without triple net expenses quantified, to provide you with more detailed specifics on what the total costs are please contact Shire Commercial directly. Find the most efficient medical office space available, contact us today @ 512.947.5896
| Location by Sub-Market | Square Footage Range 800-5,000 | Asking Lease Rate Per Month Some offices are FS= Full Service Some are plus NNN expenses | Current number of medical office spaces for December |
|---|---|---|---|
| Central- CBD and East | 1,378-10,899 | $1.33+ NNN-$3.75 NNN | 27 Medical offices |
| North East, Round Rock, Georgetown , Pflugerville | 1,452-5,000+ | $1.83+ NNN- $2.50 MG | 62 Medical offices Down |
| Northwest , Cedar Park , Domain | 900-5,935+ | $1.79 MG to $2.83 NNN Full Service avail | 63 Medical offices |
| Southwest | 1,1169-4,910 | $2.00+NNN-$2.88 NNN | 23 Medical offices |
Starting Points
Shire Commercial helps Clients with negotiations starting with finding and researching Austin commercial office space for lease for you as a tenant. Your layout considerations may be extensive which is typical for large office space. We can suggest space planners to help you with your layout so you can have optimum efficiency. Based on the tenant improvements and build out times , we would advise you as to how long it will take to complete your finish out of your office. Turn times for finish out can vary and they are also credit and term dependent.
How much Medical office space does your practice need? Use our office leasing layout calculator link on this page so that you have a guideline to figure out your square footage for a new practice location.
Credit is very crucial : Credit always plays a large part for for negotiating a large commercial office space for your business. Tenants will be required to provide proof of financial capabilities to the respective landlord of the commercial property. You will need enough parking, let’s not forget how important parking ratios are for large medical offices as well.
Medical Office Expenses with Leasing
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 Full Service. This means that everything is included such as electric, janitorial, common area maintenance and operating expenses. To see more commercial office language explained go to our glossary.
Starting Your Commercial Property Search
- Send us an email via our contact form , we will provide you with a free analysis
- If you prefer, please contact us directly at 512.947.5896 so we can review your needs and parameters
- Once we receive your input we can assess what is possible for you regarding a new office lease
- As a Client, we start to commence a search for appropriate commercial properties for your business
- You will receive a filtered survey providing locations, lease rates and photographs that show what is a potential office
- After you select the office potentials, we will start another round of filtering for you
- We set up tours for you , negotiate the terms of the lease on your behalf
Leasing Specialists for Medical Tenants
Shire Commercial helps Clients since 2004 find office solutions. Clients receive effective and efficient communications because we are focused on having an old -school approach. Listing agents, brokers will represent owners, they do not represent your interests.
Interests represented by listing agents and tenant representatives is called fiduciary. Fiduciary exists only for represented clients with whom agreements exist. Unlike other brokers, Shire Commercial focuses in 2 key areas, office properties and warehouse properties. We focus on 2 key areas because it’s pretty difficult to be good at “everything”.
Cost to lease a Medical Office Property?
We track lease rates for commercial office by quarter and update them regularly. This makes sure that we provide our clients with real-time data , not stale data. To see more about office lease rates click on the button below.