We Can Find You Austin Offices – With Lower Lease Rates
Are you in the Austin market to find more affordable offices or cheaper rental office spaces? On this page, you can view current office spaces that have leasing rates below the standard office market in Austin. Keep in mind that these more affordable offices for lease that have lower lease rates tend to fall into office space classes of Class B or lower. The chart below lists office solutions that are not more that $1.50 psf per month not including NNN expenses. Austin still has the leasing rate averages of $37.00 psf which is up into Q4 2023 for Class B type properties for 2021. Landlords are not showing much movement in Class A office leasing rates into the 4th quarter of 2023.
Offices less than 1500 SF require a 3 yr term for us to be able to help our clients. Regarding commercial rental rates, it is important not to expect a Class A office space to have below market lease rates when the overall market has low supply and low vacancy.
A current search based on a Client’s parameters for low lease rate Austin office spaces are based on supply and demand statistics at the time the search is made for you. If you are interested in comparison data for market rate offices, click the button below our tracking chart.
| Location by Submarket | Square Footage Range | Low Lease Rate Offices Per Square Foot Per Month MG= Master Gross, most offices are NNN | Potential Number of Value Office Space Deals Available | Updated for |
|---|---|---|---|---|
| Central - Downtown | 800 SF and up Min term of 3 yrs applies below 1500SF | $1.00-$2.00 + NNN | 13 Value office spaces listed | April |
| NE and Far NE | 850-5,00 Min term of 3 yrs applies below 1500SF | $1.00-$2.00+ NNN | 45 Value office spaces listed | April |
| Southwest | 850-5,00 Min term of 3 yrs applies below 1500SF | $1.00-$2.00+ NNN | 7 Value office spaces listed | April |
| Northwest and North | 850-5,000 Min term of 3 yrs applies below 1500SF | $1.00-$2.00+ NNN | 10 Value office spaces listed | April |
Email us or call us at 512.947.5896 to help you find your office today!
Lower Lease Rate Offices
We will canvass the markets for the lower lease rate offices or more affordable offices for you. A lower lease rate office property may consist of the following:
- A Lower Class building – multi tenant or standalone (Class B or lower)
- Location specific – the sub-market location will impact the office lease rate
- Higher demand – lower supply equates to higher lease rates
- Subleases sometimes can provide a lower entry for tenants
- Sub-markets that have lower demand and higher supply are the targets we will focus on for you
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Round Rock Office Spaces Downtown Austin Office Space
Commercial Office Leasing Support and Calculations
If you are a tenant looking for affordable commercial property rentals in Austin, you are on the right page. There are pockets of affordable office properties and as you can see most of these as of the past 30 days. Finding value offices is not just about discovery, there are 12-15 steps to negotiate a successful lease. When you engage with Shire Commercial as a client, you will be provided with support thru every step of the lease negotiation and execution as well as being provided with experienced skills from our brokerage. It’s all about finding the right office space for your business, why not contact us today?
To calculate your monthly lease rate use the following formula: Yearly rate divided by 12 months = 1 month’s lease rate X SF of the office space. Example: $12.00 per yr / 12= $1.00 X 1,000 SF = $1,000.00 per month