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Find Austin Office Space For Lease With Our Help: Easy Search, Expert Negotiations, Best Deals On Commercial Office Space Rentals in Austin Tx
Austin Tenant Advisors is an office space rental agency that helps commercial Tenants find Austin office space for rent in the greater metropolitan area within their ideal property size, location, budget, & timing.
You tell us your current and future needs and our team goes to work to select the best available office space availabilities & negotiate the lowest office space cost and best terms possible. We only represent Tenants, never landlord’s, and our service is free!
Start Your Free Office Rental Market Search
Call (512)-861-0525 or enter your information in our our form
Our brokers do the work finding all the details on the best properties that meet your needs
You receive a shortlist of available offices, map overview, photos, pricing, and floor plans
We set up access and tour the best office locations with you
Our negotiation process will ensure you get the lowest office space cost possible the most favorable lease contract
How Much Does it Cost to Rent Office Space in Austin Tx?
Below are the average yearly lease rate per square foot quoted by landlords to lease office spaces in Austin Tx. This list of rental rates assumes that all operating expenses are included (electric, janitorial, taxes, insurance, and maintenance). We post featured Austin market rates as they’re updated.
|Office space for rent||Class A||Class B||Class C||Vacancy Rate|
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Popular Neighborhoods to Lease Austin Office Space
It’s tough for businesses to decide on the best commercial real estate property types located in your ideal area for your existing business or startup. The decision is typically driven by factors such as the needs of employees, monthly cost, commute times, proximity to major highways, amenities such as fitness center, etc. To help guide you through the process our broker(s) have profiled each area.
Austin Tx downtown central business district (CBD) is home to the Texas capital. It’s located at the intersection of Martin Luther King Jr Blvd to the North, N Lamar Blvd to the West, interstate 35 to the East, and W Cesar Chavez St/Lady Bird Lake to the South. Office space for lease will be the highest ranging from $60 to $75 sf especially on Congress Avenue and parking will be in addition at a cost of $150 to $250 per person per month.
North Central Austin
Austin Office Space | Market Outlook | Industry News
The city of Austin Tx is located in Travis County. Austin’s the 4th largest city in Texas and 11th largest in the United States. with an estimated population of 950,715 and the average age is 31. Demographically the average income for residents is $33,000 and the median home price is $407,000. Austin Tx is known internationally as The Live Music Capital of the World and it’s center to the University of Texas which is one of the largest employers in the area. Typical occupations for residents include industries such as scientific, professional, construction, technical, education, and hospitality services. The unemployment rate is currently 2.7% compared to the U.S which is 3.9%. Some of the most popular festivals in town have drawn millions of tourists such as South By Southwest (SWSW) music & arts festival and the Austin City Limits music festival. Austin routinely ranks among the best places in America to live & work and is #4 in the nation in early stage funding deals, #3 in population growth, and #27 in business creation. Transportation options are CapMetro Station, Uber, Lift, and scooters. It’s only 15 to 20 minutes from Austin Bergstrom International Airport. round rock.
The commercial real estate market it strong here and consists of over 450,000,000 square feet of mixed use real estate spaces 56 million square feet of office space listings including 36 million sf of Class A inventory
Frequently Asked Questions About Office Space For Rent
When you start your search for office space for lease depends on the size, condition, and popularity of the space, however in general it’s a good idea to begin viewing office listings at least 3-12 months before your existing lease expires or before your ideal move in date if leasing office building for the first time. It takes longer than you think to find the right space, negotiate the deal, review the lease, and if necessary do all the tenant improvements.
The number most companies average 125 to 200 sf per person depending on whether they lease Austin office space with an open layout our one with a lot of hard-walled rooms, however our office space calculator will help you calculate how many square feet of office real estate you need to ensure you don’t end up renting more than your business needs.
Calculate the total yearly rental rate = base rent + operating expenses (aka NNN). Multiply the total yearly rental rate times the square footage. Then divide by 12 months
The least expensive Austin office options are located in South east and Northeast Austin. Rates will range from $21 to $25 sf. The type of buildings will mostly consist of warehouse and class C property type that have or need to be restored at some point and they won’t have any amenities. Great for non-profits and startups looking to keep operating expenses & cost down.
- Good credit and strong financials. If startup 2-3 years of tax returns and/or large security deposit. If existing business 1-3 years of profit / loss statements, balance sheets, etc.
- Business plan if a startup.
- Security deposit and first months rent
- General liability and property insurance
- Internet and phone service as well as data cabling if none pre-existing.
As of Q2 2023 the average cost of Austin office space for lease is $42 per square foot per year. Prices vary depending on the office building class, building age and location, and building amenities.
The average class A rates are $51 SF. Average class B, $38. Average class C, $30 SF. Downtown Austin averages $60-$65/SF.
Find Office Space For Rent Near Me
Trying to find the best office space for rent near you that meets your business needs? Austin Tenant Advisors has access to every data base of real estate listings (e.g. Loopnet, Costar, etc.) and has relationships with all of the landlord representatives which means we keep a pulse on what is available now and what will be available 6-12 months from now.
You tell us your needs and we sift through 1,000’s of office spaces for rent and ONLY present you those that meet your requirements. This saves you a ton of time and your experience to lease office space will be easy. We have the tools, steps, and resources to ensure your company only views office buildings within the ideal rating, size, and budget, and budget.