Trinity Square$50.93 – $62.01/SF/yr FS
Austin Commercial Real Estate Market
Austin CRE market data: 110 buildings, 35,795,100 SF of inventory, Industrial vacancy 8.5% and average asking rent $9.54/SF. Browse 110 live listings.
110Buildings tracked
35,795,100 SFInventory
6,492,853Population
3.4%Employment growth
110Live listings
8Submarkets
Austin fundamentals by property type
| Property type | Buildings | Inventory SF | Vacancy | Avg asking rent | Rent YoY | Avg cap rate | Avg $/SF |
|---|---|---|---|---|---|---|---|
| Industrial | 19 | 12,600,000 | 8.5% | $9.54 | 0.6% | 6.23% | $166 |
| Office | 39 | 11,697,100 | 21.8% | $44.75 | 3.5% | 8.12% | $221 |
| Multi-Family | 24 | 8,304,100 | 7.0% | $25.39 | 2.1% | 6.19% | $380 |
| Retail | 13 | 1,583,400 | 20.8% | $37.86 | 2.2% | 7.03% | $340 |
| Flex | 7 | 1,040,900 | 7.9% | $13.38 | 1.0% | 6.42% | $471 |
| Medical | 3 | 323,500 | 25.4% | $30.16 | 6.8% | 5.86% | $138 |
Vacancy, asking rent and cap-rate series are maintained per market and property type and re-cut nightly. Full 12-quarter history, absorption and construction pipeline are in the RealStar.
Featured Austin listings
1047 W 6th StRate on request
2668 Las Colinas Blvd$45.42 – $55.30/SF/yr FS
Midtown Point$41.28 – $50.25/SF/yr FS
263 Post Oak Blvd$37.67 – $45.86/SF/yr NNN
Legacy CourtRate on request
333 McKinney Ave$52.88 – $64.37/SF/yr FS
103 Cedar Springs RdRate on request
1596 Richmond Ave$43.23 – $52.62/SF/yr FS
Regency PlazaRate on request
Frontier LandingRate on request
Colorado SquareRate on request
110 commercial properties are tracked in Austin, representing 35,795,100 SF of rentable building area, of which 4,701,900 SF is currently marketed as available.
Asking rents average $35.62 per square foot per year, the median marketed suite is 27,300 SF, and listings have been on market a median of 414 days.
The stock splits 37 Class A, 50 Class B, 23 Class C, with construction dates from 1905 to 2024 (median 1966).
The most concentrated submarkets are Northwest (19), Southwest / Barton Creek (19), East Austin (16), Southeast / Del Valle (16), The Domain / North (15).
Austin cities
Austin submarkets
Austin CBDEast AustinNorthwestRound Rock / Cedar ParkSouth AustinSoutheast / Del ValleSouthwest / Barton CreekThe Domain / North
Austin space by property type
Office for lease in AustinOffice for lease in Del ValleOffice for lease in Round RockIndustrial for lease in AustinIndustrial for lease in Del ValleIndustrial for lease in Round RockRetail for lease in AustinRetail for lease in Del ValleRetail for lease in Round RockMulti-Family for lease in AustinMulti-Family for lease in Del ValleMulti-Family for lease in Round RockFlex for lease in AustinFlex for lease in Del ValleMedical for lease in AustinMedical for lease in Del Valle
Nearby markets
New York CityDallas-Fort WorthWashington DCHoustonRichmondSan AntonioNorthern New JerseyEl PasoBeaumontLaredoMidland-OdessaCorpus ChristiWaco-TempleRio Grande Valley
Market fundamentals are RealStarGlobal analytics derived from tracked inventory. Transaction and news signals come from the Acquirepad CRE feed. Registry, assessor and GIS provenance for every jurisdiction is documented in the data sourcing plan.
Frequently asked questions
How large is the Austin commercial real estate market?
RealStarGlobal tracks 110 buildings totalling 35,795,100 SF across 6 property types in Austin.
What is the vacancy rate in Austin?
Industrial 8.5%; Office 21.8%; Multi-Family 7.0%; Retail 20.8%; Flex 7.9%; Medical 25.4%.
What are asking rents in Austin?
Industrial $9.54/SF/yr (0.6% YoY); Office $44.75/SF/yr (3.5% YoY); Multi-Family $25.39/SF/yr (2.1% YoY); Retail $37.86/SF/yr (2.2% YoY); Flex $13.38/SF/yr (1.0% YoY); Medical $30.16/SF/yr (6.8% YoY).
What cap rates are assets trading at in Austin?
Industrial 6.23% at $166/SF; Office 8.12% at $221/SF; Multi-Family 6.19% at $380/SF; Retail 7.03% at $340/SF; Flex 6.42% at $471/SF; Medical 5.86% at $138/SF.
What are the submarkets of Austin?
Austin CBD, East Austin, Northwest, Round Rock / Cedar Park, South Austin, Southeast / Del Valle, Southwest / Barton Creek, The Domain / North.
How many people live in the Austin market?
The Austin market has a population of 6,492,853 with employment growth of 3.4% year over year.
How do I get Austin lease and sale comparables?
Lease comps, sale comps, tenant rosters, loan maturities and owner records for Austin are in the RealStar, and available programmatically through the MCP server.