Small Warehouses for Lease and Lease Rates

Small-Large Warehouses for Lease and Leasing Rates in Austin

Updated for January 2023, within the 3,000 to 6,000 SF range active listings  are are opening up in 2 sub-markets.  Market vacancies are still below 5% overall. Lease Rates and NNN’s are higher than previous years.

Equally important, near term for 2023 shows new inventory coming on board with high demand. This is not changing from 2022. Expect to commit to a min term of 3-5 years depending on the sub-market. To help with the market picture, view active rate and vacancy data on this page using our tracking chart .

Furthermore for tenants, current available inventory provides you more choices in NE and Hays County. Primarily, vacancy will directly affect lease rates.  Low vacancies for warehouse properties results in higher base lease rates. Key tips:  If you require a smaller warehouse space (below 5,000SF) with  dock high access, they are not plentiful! Do not expect a lot of parking accessibility with small footprints because  parking , ratios are typically 2-3:1,000,  We do not see this changing near term into 2023..

Smaller Square Footage Warehouses- Locations?

To be noted, Tenants should be as flexible as possible in  when it comes to location preferences for the near term. If you are searching for a small warehouse space below 4,000SF , it does require a 3 yr minimum term for you to utilize our services . Inventory does change quickly , so if you do not see what you are looking for, then please contact us directly.  Sometimes we can uncover potentials that are not viewable on our website. Interested in further resources?

Vacancy and Rate data charts are reflected per quarter in arrears.

Austin, TX Warehouses Lease Rates and Availability Jan 2023

Locations-By SubmarketVacancy Q4 2022Available %Asking Rates- Lease rate per yr without NNNs
Central
East
0
5.9%
0
9.8%
No inventory
$12.00
Northeast
Round Rock
Far NE - Georgetown
4.2
4.7
19

Minimum SF required for services 3,500 and 3-5 yr terms
4.4
3.6
13
$10.70
$14.00
$7.75
Northwest
Far NW- Leander and Cedar Park
2.0
0.6
Minimum SF required for services 3,500 and 3-5 yr term*
3.5
0.6
$13.50
$16.50
South
Southeast
Far South- Hays
3.2
1.4
15

Minimum SF required for services 3,500 and 3-5 yr terms
3.2
5.0
15.5
$17.00
$12.20
$7.40
Southwest
3.9
Minimum SF required for services 3,500 and 3-5 yr terms
6.3Call for pricing

Warehouses 6,000SF +

See more data regarding Austin Warehouses for Lease. From 6,000SF to 40,000 SF +

For Sale Information- Warehouses

Austin Area Warehouses for Sale Information

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Inventory- Vacancy Overview

  • Highest Concentration of Inventory:  Hays County, Central, East, Far North and NE
  • Lowest Concentration of Inventory: NW, South, SE, North

New Construction into Q1 2023: Primarily in Far North and Far South estimated at 15M SF. Large users targeted. Vacancy Below 5% Overall.

Setting Expectations for Leasing Warehouse Space in Austin:

  • Flexibility on Locations is critical for tight industrial markets

  • Understand and convey all your warehouse requirements such as: Grade access, Power requirements, Ceiling height minimums

  • Ask about Parking and parking ratios for leasing a warehouse, as an example: 3,000SF will not provide 10+ parking spaces.

  • Do you require 100% HVAC?

  • 18 Wheeler Access required?
  • Typical Lease terms for warehouse solutions is currently 3-5 years for 2023

  • Tighter markets have higher lease rates

  • Monthly lease rates are expressed typically as Lease rate plus NNN operating expenses.

  • Ask us about pre-leasing on new construction.

Types of Warehouses in Austin

Below is a description of the types of small warehouse spaces that are located in the Austin Market.  Each warehouse property has its own attributes which you can view to see if it fits your parameters.

For more  detailed explanations on Warehouse space in Central Texas , click on the parameter breakdown button below.

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Flex Warehouse Space

Flex Warehouse space is one type of warehouse that attracts tenants who would like to occupy this property with lower rental rates than an office based solution. From an office solution standpoint, these warehouse properties provide drop ceilings, 100% HVAC and more office area than a traditional office-warehouse. Typical rent rates for these types of properties are higher than office-warehouse and start leasing at $1.10-$1.20+ psf per month without NNN expenses for 2021.  Spaces like this may accommodate potential retail businesses.

Office-Showroom Warehouses

Office Showroom Warehouse properties are primarily used for Retail like businesses. Tenants that can use an office and warehouse area with the warehouse being hot while having air-conditioned office spaces. Within the office area, an improvement can be made to allow a business to display their merchandise. Examples of this usage may be flooring, granite counter-tops, automotive accessories, art etc.. The warehouse property rental prices are in between flex warehouses and an office warehouse solution. Expect rental rates to be a bit lower than Flex space.

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Office-Warehouse Distribution Space

Office Warehouse distribution space is typically used for tenants seeking larger storage bays along with some office area.  Furthermore, these can fit in either small or large warehouse properties. In addition, when a tenant needs an office-showroom type warehouse configuration which can be accommodated by these types of properties. Typically, these warehouse solutions start with ceiling heights of 18′ and higher. Depending on the size of the warehouse, they may have dock high doors or half dock high accessible entries. Office-warehouse properties below 4000SF tend to not have dock high door accessible entries. Rental rates are primarily NNN and start below $1.00 psf per month on a base lease rate (meaning without NNN expenses).

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Bulk Warehouse- Large STorage Areas

Bulk Warehouse Space- or simply stated , “Large” warehouse storage space or large warehouse distribution space that would not be categorized into small warehouses for lease. These properties are primarily utilized for storage with very little to no office are or restrooms available.  Bulk warehouse is a larger property that may start as low as 6,000SF and move up past 40,000SF , it could be used for distribution as well. This type of warehouse solution has lower lease rates than their counterparts but is not as prevalent in Austin compared to office-warehouses and flex warehouse space.