Please provide a location to search for

Commercial Real Estate in Austin, TX - 721 Properties Available

  • Domain Gateway - Austin
    2900 Esperanza Crossing, North Burnet, Austin, TX 78758
    For Lease $36/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 183,911 Sqft
  • The Summit at Lantana - Austin
    7171 Southwest Pkwy, Oak Hill, Austin, TX 78735
    For Lease $20 - $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 75,310 Sqft
  • Northview Business Center - Austin
    9001 North Interstate 35, Heritage Hills, Austin, TX 78753
    For Lease $25/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 65,143 Sqft
  • 900 Congress - Austin
    900 Congress Avenue, Downtown Austin, Austin, TX 78701
    For Lease $36/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 33,503 Sqft
  • Seton Southwest Health Plaza I & II - Austin
    7900 FM 1826, Cedar Valley, Austin, TX 78737
    For Lease $21.5 - $22.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 10 Spaces
    • 27,899 Sqft
  • Seton Northwest Medical Plaza - Austin
    11111 Research Blvd, Balcones Woods, Austin, TX 78759
    For Lease $22.5 - $23.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 6 Spaces
    • 26,135 Sqft
  • The Overlook at Barton Creek - Austin
    317 Grace Lane, Lost Creek, Austin, TX 78746
    For Lease $37/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 24,566 Sqft
  • CityView Center - Austin
    1122 South Capital of Texas Hwy, Bee Cave Woods, Austin, TX 78746
    For Lease $24.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 24,480 Sqft
  • Kaleido I & II - Austin
    9390 Research Blvd, Northwest Hills, Austin, TX 78759
    For Lease $19.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 7 Spaces
    • 21,598 Sqft
  • The Enclave - West Lake Hills
    305 Camp Craft Road, West Lake Hills, TX 78746
    For Lease $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 17,248 Sqft
  • The Cameron Center - Austin
    7901 Cameron Road, Promontory Point, Austin, TX 78754
    For Lease $14 - $18/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 12,000 Sqft
  • Research Park - Tech Center II - Austin
    12515-2 Research Blvd, Angus Valley, Austin, TX 78759
    For Lease $18.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 9,923 Sqft
  • Capitol Center - Austin
    919 Congress Avenue, Downtown Austin, Austin, TX 78701
    For Lease $28 - $34/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 9,550 Sqft
  • Westlake Medical Center - Austin
    5656 Bee Cave Road, West Lake Hills, Austin, TX 78746
    For Lease $24 - $26/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 9,177 Sqft
  • 8100 Cameron - Austin
    8100 Cameron Road, Heritage Hills, Austin, TX 78754
    For Lease $21.2/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 9,165 Sqft
  • The Village - Austin
    2700 West Anderson Lane, North Shoal Creek, Austin, TX 78757
    For Lease $28/Sqft/Yearly
    Property
    • Retail
    Availability
    • 4 Spaces
    • 8,572 Sqft
  • Westpark Office Complex - Austin
    8140 North Mopac Expwy, Northwest Hills, Austin, TX 78759
    For Lease $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 8,255 Sqft
  • The Offices at the Domain - Austin
    11401 Century Oaks Terrace, North Burnet, Austin, TX 78758
    For Lease $48/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 7,428 Sqft
  • 260 Addie Roy Road - Austin
    260 Addie Roy Road, Rob Roy, Austin, TX 78733
    For Lease $27 - $29/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 5,845 Sqft
  • Lake Pointe Center I - Austin
    11612 FM 2244 Road, Apache Shores, Austin, TX 78738
    For Lease $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 5,444 Sqft
  • La Costa Corporate Park - Austin
    6448 East US Route 290, St Johns, Austin, TX 78723
    For Lease $12/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 5,269 Sqft
  • Stonecliff - Austin
    7801 North Capital of Texas Hwy, Cat Mountain, Austin, TX 78731
    For Lease $19/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,951 Sqft
  • Barton Ridge - Austin
    4544 South Lamar Blvd, Barton Hills, Austin, TX 78745
    For Lease $23/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,140 Sqft
  • Lake Pointe Center II - Austin
    11612 Bee Caves Road, Apache Shores, Austin, TX 78738
    For Lease $21.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,139 Sqft
  • 14050 Summit Drive - Austin
    14050 Summit Drive, Wells Branch, Austin, TX 78728
    For Lease $15/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 3,084 Sqft

Austin, TX Economic Overview

Location Photo

As the capital of Texas and the fastest growing city in the U.S., Austin is home to nearly 2 million people. Austinites are a diverse, some might say quirky, mix of students, musicians, blue collar workers, government employees, high-tech entrepreneurs, and is home to a lively LGBT community. Over the years, Austin has emerged as a booming center for high-technology and business, with companies such as Amazon, Apple, eBay and Google having a major corporate presence in the city. Nicknamed 'Silicon Hills', the commercial real estate market in Austin is driven by a perfect blend of high-tech, pharmaceutical and biotechnology companies along with plenty of private capital investment and government enterprise.

U.S. News has ranked Austin as the #1 place to live in the country and Forbes Magazine has ranked the city as the 14th best place for business and careers. The most recent GDP for the Austin metropolitan statistical area came in at $86 billion, driven in large part by the region's booming growth, major center for high-tech, and the consistent stream of highly-educated engineering and computer science graduates that the University of Texas at Austin funnels into the economy of Austin each year.

Business and industry is as diverse as its residents are, with a near perfect combination of high-technology companies, government employment, biotechnology, life science, manufacturing, defense, business and finance. Venture capital likes what it sees in Austin, and the city is one of the top recipients of these investments in the country.

Austin, TX Commercial Real Estate Market

With nearly 50 million square feet of office inventory in Austin, and almost 3 million square feet in the pipeline as of mid-2017, investors in the office market in Austin continue to be bullish on this asset class. The Central Business District continues to be the #1 location for tenant demand driven by the needs of the professional and business service sectors, while the submarkets of North/Domain and Central East Austin offer tenants slightly more attractive rental rates.

The industrial market in Austin continues to hold its own, with projected vacancy, net absorption, new construction hitting the market, and product in the pipeline all pointing in the right direction. The East and Southeast Austin submarkets account for most the industrial commercial real estate in Austin, allowing for the development of both new industrial and flex product. Elsewhere in Austin industrial product may be in short supply as older, existing properties are turned into mixed-use and creative office space.

The strong economy, population and job growth help to explain the record high 96.2% occupancy rate for the commercial retail real estate sector in Austin. With over 48 million square feet of inventory in the market and a job growth of over 3.5% last year, the tenant demand for retail space in Austin is projected to continue hitting record levels. Recent major retail leasing activity includes new space absorbed by Nordstrom, Randalls, H-E-B, Dick's Sporting Goods and Walmart.

This year Austin was ranked by the Urban Land Institute as the #1 City for Real Estate Investment and Development, another sign that both national and international capital will continue to find Austin a rewarding market in which to develop and invest.

Austin, TX Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Austin, TX Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Austin, TX Commercial Inventory Breakdown

Office Spaces

Total: 94,455,916 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 14,558,525 SF / 15.41% of total office
  • 100k to 500k SF: 60,943,987 SF / 64.52% of total office
  • 500k to 1M SF: 11,351,936 SF / 12.02% of total office
  • > 1M SF: 7,601,468 SF / 8.05% of total office

By class:

  • Class A+: 3,185,848 SF / 3.37% of total office
  • Class A: 41,766,222 SF / 44.22% of total office
  • Class B: 28,119,220 SF / 29.77% of total office
  • Class C: 1,255,627 SF / 1.33% of total office

Office Spaces with Retail

Total: 139,942 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 100k to 500k SF: 139,942 SF / 100% of total office with retail

By class:

  • Class B: 139,942 SF / 100% of total office with retail

Employment in Austin, TX

Employment

Attracted by the Austin job market's low employment rate of barely 3%, job growth of 6%, a population growth of over 3%, an affordable cost of living and a lifestyle that many consider second to none, employers have no trouble finding well-educated, highly-qualified people.

Corporate headquarters from around the country come to Austin for its skilled, multi-tiered workforce and the strong regional infrastructure. Key industries in Austin include: Advanced Manufacturing, Creative & Digital Media Technology, Life Sciences, Clean Energy & Power Technology, Data Management, and Space Technology. There are over 74,000 people employed in professional, scientific and technical jobs; over 86,000 in health care and social assistance, and nearly 42,000 in wholesale trade.

Major employers in Austin include the City of Austin, Austin Independent School District, Dell, the U.S. Federal Government, NXP Semiconductors, IBM, St. David's Healthcare Partnership, the State of Texas, Texas State University, and the University of Texas at Austin.

Other companies located in Austin include 3M, Apple, Amazon, AMD, Cirrus Logic, Cisco Systems, eBay, PayPal, Facebook, Google, Hewlett-Packard, Oracle, Qualcomm, and Samsung.

Education in Austin, TX

Austin was recently ranked by Central Connecticut State University as the 16th most literate city in the U.S., with over 43% of Austin residents holding a bachelor's degree and 16% holding an advanced degree. The University of Texas at Austin graduates thousands of engineering and computer science students each year to satisfy the demand of the business community.

The University of Texas at Austin has over 38,000 undergrads and 12,000 graduate students enrolled and was recently ranked as the 17th best public university in the country by U.S. News & World Report. The University has the highest-ranked engineering, business and law programs in the entire State of Texas and has annual research expenditures of nearly $600 million.

Other colleges and universities in the Austin area include Austin Community College, the Austin campus of Virginia College, The Art Institute of Austin, St. Edward's University and Concordia University.

Austin has an extensive network of both public and private primary and secondary education schools. There are 29 public school districts, 17 charter schools and 69 private schools. The Eanes and Round Rock public schools districts are both rated by Expansion Management magazine as 'gold medal' school districts.

Commuting Time in Austin, TX

While Austin ranks #1 as the fastest growing city in the U.S. and the #1 best place to live, it unfortunately also ranks #1 as the city where work-week commuters spend the most time sitting in their cars, not moving.

While the majority of Austinites commute by car, its transportation infrastructure offers plenty of alternatives:

  • The I-35, Mopac Expressway, U.S. Highway 183 and State Highway 71 all pass through Austin;
  • Mass transit in Austin is operated by Capital Metro which provides bus service, and is continuing to develop light rail service to connect Downtown, East Austin, North Central Austin and Northwest Austin, with future extensions to link Downtown with the University of Texas at Austin and the airport;
  • Cycling is used by over 2% of commuters to pedal to and from work each day, and that number is consistently growing. Austin is known as the most bicycle-friendly city in Texas and was recently ranked by Bicycling Magazine as #7 in the country;
  • Austin-Bergstrom International Airport is located just five miles southeast of Austin and provides air service for the metro area.

Austin Demographics

Population

  • Total Population916,906
  • Male Population(50.6 %) 463,869
  • Female Population(49.4 %) 453,037
  • Median Age32.70

Income/Financial

  • Average Household Income$91,811
  • Median Household Income$63,717
  • Median Income Under 25$27,321
  • Median Income 25-44$65,661
  • Median Income 45-64$75,663
  • Median Income Over 65$53,690

Residential Rents in Austin, TX

When choosing the best place for a business, location research is very important – not only for the office, but also for the employees’ convenience.

Despite the popularity of Austin for both residents and business, apartment rents in Austin have remained relatively stable over the past couple of years, thanks to new product coming onto the market and the expansive nature of the Austin metro area. Rents for a studio unit run just under $1,000 per month, while one-bedrooms run just under $1,100 monthly and three-bedroom units are nearing the $1,800 mark per month.

The top three most expensive neighborhoods to rent in are Downtown Austin, Travis Heights (South River City) and Bouldin Creek, while the three least expensive are Franklin Park, Coronado Hills and Windsor Hills.

News

Over its 180-year history, Austin has grown from a settlement of fewer than 1,000 people to one of the country’s most vibrant metros. Check out the timeline-mapped rise of Downtown Austin’s skyward buildings, starting with the Texas State Capitol building.

Since 2009, the U.S. economy has had more than 110 consecutive months of growth, making this the second longest economic expansion since the Great Depression. After a rather tepid 2017 performance, the U.S. office market gathered some steam in 2018, adding 76 million square feet of new office sp...

By Antony Kimaiyo Austin is globally regarded as a hub of innovation and progress due to its competitive workforce and leadership in a number of industries, including technology, education, and food. In addition to outstanding restaurants, Austin’s wide array of catering choices offer an excelle...

COMMERCIALCafé is your first and only stop when it comes to commercial real estate leasings in Austin, TX. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 3084 square feet and 183911 square feet. Discover the right property from our 721 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.