Premium office space in Procore Tower
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market cincinnati (similarity: 100%) with 7 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $20.00/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 | 7 | — | real-time | cincinnati (100%) |
Description
Office | For Sublease: 5,418 SF Short-term sublease opportunity available through October 2028.This 5,418 SF plug-and-play space offers Class A amenities at a competitive, below-market rate, making it ideal for tenants seeking flexi Key Facts Features OpEx: $24.31/RSF Furniture: Negotiable Expiration: $35.00/RSF NNN Availability: Immediate OpEx: $24.31/RSF Furniture: Negotiable Expiration: $35.00/RSF NNN Availability: Immediate Furniture: Negotiable Expiration: $35.00/RSF NNN Availability: Immediate Ally Holley Senior Associate Austin License #: 700568 +1 512 539 3019 Call Now +1 512 539 3019 +1 817 228 2873 Call Mobile +1 817 228 2873 License #: 700568
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
As of Q1 2026, the Austin office market showed average asking rents near $36.92/SF/yr. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 6.5%, asking rent held flat).
Compare it against other office listings for lease in Austin, TX to benchmark pricing and space — view the full market.
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market cincinnati (similarity: 100%) with 7 comparable listings.
Lease Rate & Market Trend
Market report quarterly trend fallbackFIPS 32003
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
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.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: office in Austin, TX
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Contact Broker
Listed by
Colliers Import