Northwest Submarket — Austin
Northwest submarket of Austin: 19 tracked properties, 5,535,000 SF of inventory and 503,500 SF available.
19 commercial properties are tracked in the Northwest submarket, representing 5,535,000 SF of rentable building area, of which 503,500 SF is currently marketed as available.
Asking rents average $32.48 per square foot per year, the median marketed suite is 20,300 SF, and listings have been on market a median of 553 days.
The stock splits 5 Class A, 8 Class B, 6 Class C, with construction dates from 1913 to 2021 (median 1975).
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Frequently asked questions
What is the average asking rent for commercial space in Northwest, TX?
Across the 19 commercial listings published in Northwest, TX, asking rents average $32.48 per square foot per year, quoted on a NNN basis.
How much commercial space is available in Northwest, TX?
503,500 SF is currently marketed across 14 buildings, out of 5,535,000 SF of total inventory.
What is the commercial vacancy rate in the Austin market?
The Austin commercial market is running 20.8% vacancy with year-over-year asking rent growth of 2.2%.
Which submarkets have the most commercial space in Northwest, TX?
Northwest (19 properties).
What cap rates are commercial assets trading at in Northwest, TX?
Listed commercial assets in Northwest, TX show an average asking cap rate of 7.23%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Northwest, TX?
Atlas Property Group (3 listings), Frontier Commercial (2 listings), Meridian Realty Partners (2 listings), Summit Advisory Group (2 listings), Northgate Commercial (2 listings). See the full Northwest, TX broker directory.
How do I list a commercial property in Northwest, TX?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.