1st Quarter 2018 Austin Retail Space Market Report
Austin Retail space Lease rates have remained steady, however retail demand seem to be on the rise. Below are some average quoted retail lease rates. Please keep in mind that retail spaces are typically quoted as triple net (nnn) leases. That means the base rates you see below would also include another $5 to $10 SF for operating expenses (aka nnn or cam). Expect newer retail properties and those in higher trafficked areas to have higher quoted base lease rates (typically $22 to $30 plus nnn).
If you need help finding Austin retail space for lease call (512) 861-0525 or fill out our form.
Average Asking Rental Rates for Available Retail Space in Austin, Tx
|Average Austin Retail Lease Rates||All Types|
|Austin Market Area||$17.98 SF|
|Downtown Austin||$26.57 SF|
|Central Austin||$16.00 SF|
|North Austin||$15.00 SF|
|Northeast Austin||$20.00 SF|
|Northwest Austin||$22.00 SF|
|South Austin||$19.00 SF|
|Southeast Austin||$15.00 SF|
|Southwest Austin||$23.00 SF|
|West Central||$26.00 SF|