2207 W Parmer Lane — Lease in Austin, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Austin, TX 78727
  • Size: 2,120 SF

Description

This well-located commercial space at 2207 W Parmer Lane offers 2,120 square feet of office or retail space with an existing office buildout. The property sits on a 0.31-acre lot, providing ample off-street parking. It includes two restrooms and a flexible layout suitable for a variety of business uses under its LR-MU-CO zoning, which allows for neighborhood-serving commercial and mixed-use development. This space is ideal for professional offices, boutique retail, medical services, or other neighborhood-oriented businesses looking for a well-positioned and functional space. Building SF: 2120 | Land Size: 0.31 Ac | Listing Type: FOR LEASE

Market Context

This office in Austin, TX is listed for lease across 2,120 SF. It has been on the market for 71 days. Compare it against other office listings for lease in Austin, TX — view the full market.

As of Q1 2026, the Austin office market showed average asking rents near $36.92/SF/yr, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Austin?
About 6.5% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$5.26/SF/mo – $7.12/SF/mo

Mid: $6.19/SF/mo

Estimated total for 2,120 SF: $13,123 per month

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

Based on comparable properties in similar markets rather than local sales.

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