Austin CBD Submarket — Austin

Austin CBD submarket of Austin: 8 tracked properties, 2,212,400 SF of inventory and 294,800 SF available.

8Listings
294,800 SFAvailable space
2,212,400 SFTotal inventory
$36.83/SFAvg asking rent
42,900 SFMedian suite
970 Legacy DrAustin, TX · Retail · Class B12,900 SF available$40.14 – $48.87/SF/yr NNN
Midtown PlaceAustin, TX · Medical · Class A72,500 SF available$34.23 – $41.67/SF/yr FS

8 commercial properties are tracked in the Austin CBD submarket, representing 2,212,400 SF of rentable building area, of which 294,800 SF is currently marketed as available.

Asking rents average $36.83 per square foot per year, the median marketed suite is 42,900 SF, and listings have been on market a median of 485 days.

The stock splits 3 Class A, 3 Class B, 2 Class C, with construction dates from 1922 to 2024 (median 2006).

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Frequently asked questions

What is the average asking rent for commercial space in Austin CBD, TX?

Across the 8 commercial listings published in Austin CBD, TX, asking rents average $36.83 per square foot per year, quoted on a FS basis.

How much commercial space is available in Austin CBD, TX?

294,800 SF is currently marketed across 7 buildings, out of 2,212,400 SF of total inventory.

What is the commercial vacancy rate in the Austin market?

The Austin commercial market is running 21.8% vacancy with year-over-year asking rent growth of 3.5%.

Which submarkets have the most commercial space in Austin CBD, TX?

Austin CBD (8 properties).

Which brokerages are most active in Austin CBD, TX?

Trinity Commercial Group (3 listings), Pinnacle CRE (1 listing), Republic Partners (1 listing), Granite Peak Realty (1 listing), Bluebonnet Realty Advisors (1 listing). See the full Austin CBD, TX broker directory.

How do I list a commercial property in Austin CBD, TX?

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