What is the typical cap rate for industrial in Austin?

About 7.6% as of Q1 2026, per multiple brokerages.

Is the Austin industrial market tightening or softening?

Vacancy is around 15.1% (Q1 2026).

Industrial

Northpointe Trade Center, Building C | Sublease

2251 Picadilly Dr, Round Rock, TX 78664, USA, Round Rock, TX 78664

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$14.45/SF/mo

Mid

$17.00/SF/mo

High

$19.55/SF/mo

Tier Used

peer_city_transfer

Transferred from peer market fort-lauderdale (similarity: 100%) with 4 comparable listings.

Peer market: fort-lauderdale (100% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$17.00/SF/mo	—	peer_city_transfer
Utilities	—	8.3¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1932/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
Peer City Transfer	economic_similarity	4	—	real-time	fort-lauderdale (100%)

Data sources used

peer_city_transfer

Description

Industrial | For Sublease: 64,847 SF Northpointe Trade Center Building C for sublease. Available in 90 days.64,847 SF available3,932 SF office space Key Facts Travis Hicks Senior Vice President Austin License #: 539389 +1 512 539 3005 Call Now +1 512 539 3005 +1 512 964 8434 Call Mobile +1 512 964 8434 License #: 539389 Chase Clancy Senior Vice President Austin License #: 680153 +1 512 539 3024 Call Now +1 512 539 3024 +1 512 317 3790 Call Mobile +1 512 317 3790 Michael Modesett Associate Austin License #: 709910 +1 512 539 3015 Call Now +1 512 539 3015 +1 512 964 2726 Call Mobile +1 512 964 2726

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

2251 Picadilly Dr, Round Rock, TX 78664, USA, Round Rock, TX 78664

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Austin industrial market showed a 15.1% vacancy rate, average asking rents near $14.30/SF/yr, and cap rates around 7.6%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence

Projected asking rent

$14.30/SF/yr

Estimated sale value

$115–$141/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.6%, asking rent held flat).

View the full Austin Industrial market report →

Above-average vacancy gives tenants leverage and a wide set of comparables.

Compare it against other industrial listings for lease in Round Rock, TX to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Austin?: About 7.6% as of Q1 2026, per multiple brokerages.
Is the Austin industrial market tightening or softening?: Vacancy is around 15.1% (Q1 2026).

Unified Estimate

Very Low Confidence

$3.81/SF/mo-$5.15/SF/mo

Mid: $4.48/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market fort-lauderdale (similarity: 100%) with 4 comparable listings.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.