Turnkey Small Office Space — Lease in Austin, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Austin, TX 78748
  • Size: 7,952 SF

Description

This well-appointed office condominium complex presents an exceptional opportunity for professionals seeking a prime location in South Austin. Situated at 8700 Menchaca Road, Suite 805, this unit offers 994 square feet of versatile office space designed to accommodate a range of business needs. It boasts: 1. 4 Private offices 2. Natural Light throughout 3. Private Kitchenette and Bathroom 4. Flexible Term Lease 5. Close proximity to strong demographics, 6. Close to major thoroughfares for easy commute 7. Spacious waiting area of additional work stations. 8. Furniture Available 9. Great Visibility and Signage Building SF: 7952 | Land Size: 1.0 Ac | Listing Type: FOR LEASE

Market Context

This office in Austin, TX is listed for lease across 7,952 SF. It has been on the market for 72 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 7,952 SF: $49,223 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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