Austin has grown into one of the most dynamic commercial real estate markets in the US, driven by tech industry growth, corporate relocations, and a young professional population. The Domain and downtown submarkets are Class A hubs. Industrial demand has surged with the semiconductor and logistics build-out.
By Angel Campa, Founder · Updated March 2026
Commercial Space
80M sq ft
Avg Office Rent
$42–$65/sq ft
Vacancy Rate
22%
Avg Lease Term
5–10 years
Austin office leases are predominantly NNN or Modified Gross. The Domain submarket features Class A NNN office. Industrial is NNN. Texas is landlord-friendly, making it critical to negotiate—and extract—CAM caps, audit rights, and termination provisions.
Texas Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Texas →
Texas has no statutory commercial tenant protections, so CAM caps, audit rights, and termination options must be explicitly negotiated. Lextract flags leases missing these provisions.
A complete reference for commercial lease financial terms. Covers base rent, escalations, NNN vs gross, TI allowances, and percentage rent with examples.
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