Austin Retail Space

BuildingSearch.com lists numerous Austin retail spaces. Thousands of available retail space listings inAustin, plus office, industrial, and mixed-use developments are tracked on BuildingSearch.com. Be sure to include the various Austin retail space categories, including office/retail and mixed-use while conducting your search for Austin retail space listings. 

Austin is the capital of Texas and the seat of Travis County. Situated in Central Texas and part of the American Southwest, it is the fourth-largest city in Texas and the 16th-largest in the United States of America, as well as the third fastest growing large city in the nation from 2000 to 2006, making Austin retail space an excellent choice when choosing to expand, relocate or open a business. 

Austin retail space provides businesses with many opportunities. Many see Downtown as the final piece of the puzzle for Austin retail space. Perhaps the greatest opportunity is represented by close-in residents on all sides of the central business district who want to shop downtown but cannot find the products and services they want today. Almost all of the other pieces are already in place to provide locations for new retail businesses – the market is present, shoppers are motivated, and retail space is increasingly available. What is missing is a distribution of the right mix of stores and the process to attract them downtown. This is where Austin retail space fits in. 

Austin retail space provides a supply of competitive retail shopping within a 15-minute drive time of downtown Austin. There is approximately 4.7 million square feet of existing retail space in DowntownAustin alone. 

Unlike many urban areas seeking downtown retail, the potential market demand for additional retail space in downtown Austin is extraordinarily strong. there is an exceedingly strong market opportunity in downtown Austin, assuming that a critical mass of specialty retail stores and service businesses can be attracted to relocate or open a business with Austin retail space. 

Austin retail space contributes to the growth areas including soft and hard goods retail where Downtown has experienced 14 new stores in past years. 

Austin's retail space market has been growing strong the past year aided by strong job growth and a healthy economy. Retailer leasing demand has kept the retail occupancy rate in the Austin market at 90 percent, the second-strongest retail occupancy rate among Texas' major markets. The Austin retail space market is seeing the addition of about 4.2 million square feet of retail space this year. Austin retail space has a total inventory of approximately 35 million square feet of space.