The 78701 area code is for Downtown Austin, TX. Available office space for lease in 78701 is some of the priciest in the city. 78701 has an abundance of office buildings to consider, most of which are viewed as Class A.
When this was written, there were nearly 80 buildings with available office space for lease in 78701. The rental rates in 78701 range from the low $30’s per square foot to over $60 per square foot gross. Due to the high demand and low vacancy, the rental rates have continued to rise over the past several years with little sign of slowing down.
There are 8 office buildings currently in development in the 78701 area code. These new buildings will add over 1.3 million square feet of available office space for lease in 78701. As 78701 continues to redevelop and become more dense, parking has become an issue for some office tenants. This has resulted in higher parking rates and less spots being allocated to tenants in their lease.
For more information on current office space availability or the Tenant Representation Services that can help you navigate the 78701 office market, simply contact us by phone or email. If you are trying to find available office space for lease in 78701, please fill out the “Free Commercial Space Survey” to get a customized list of the 78701 office space that best fit your needs.