Commercial Real Estate Report - Austin, TX [Retail]

Property Type

View market and submarket information on Retail space in Austin, Texas. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Austin, Texas.

Boundaries

Display:
Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Austin, TX - Entire Metro
Submarkets
Rnd. Rk./Wllmsn. Co. - N -110 bps
Rnd. Rk./Wllmsn. Co. - NC -50 bps
South Austin - N -40 bps
Cent./Downtown Aust. - N -40 bps
South Austin - NC -10 bps
Cent./Downtown Aust. - NC -10 bps
Rnd. Rk./Wllmsn. Co. - C 10 bps
South Austin - C 20 bps
Cent./Downtown Aust. - C 90 bps
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean -- 6.3% 3.8% --
Median -- 6.3% 3.8% --
12 Month Rolling 5.1% 5.1% 4.5% 6.1%

Commercial Real Estate News

Recent Rent Observations

Change From Previous Quarter

Market Rent Vac Inv
Austin -0.1% 10 bps 1.2%
Southwest Region 0.1% -10 bps 0.1%
United States 0.1% 0 bps 0.0%

Metro vs. Region -0.2% 20 bps 0.0%
Metro vs. US -0.2% 10 bps 0.0%

Latest New Construction Updates

Location Size
N/A 280,000 - 0
South Austin 0 - 70,000
Rnd. Rk./Wllmsn. Co. 0 - 70,000
N/A 280,000 - 0
N/A 280,000 - 0
N/A 280,000 - 0
South Austin 0 - 70,000
N/A 140,000 - 210,000
N/A 280,000 - 0
N/A 280,000 - 0
View all Construction Projects

National Retail Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Retail Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
10. Oakland-East Bay, CA 6.5%
11. Boston, MA 6.6%
12. Visalia, CA 6.6%
13. Manchester-Nashua, NH 6.8%
14. Suburban Virginia, VA 6.8%
15. Austin, TX 6.9%
16. Baltimore, MD 6.9%
17. Seattle, WA 6.9%
18. Miami, FL 7.2%
19. Spokane, WA 7.2%
20. Athens, GA 7.3%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Austin -0.8% 721 bps 1.2%
Southwest Region 0.1% 1,240 bps 0.6%
United States 0.3% 1,077 bps 0.7%

Metro vs. Region -0.9% -519 bps 0.6%
Metro vs. US -1.1% -357 bps 0.5%