Total occupancy cost for Grade A office space in Austin: $103.16 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Austin Office Cost Breakdown (USD/sqft/yr)
Rent: $42.67/sqft/yr
Service Charge: $12.51/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $28.67/sqft/yr
Facilities Management: $8.77/sqft/yr
Utilities: $3.8/sqft/yr
Reinstatement / Dilapidations: $6.43/sqft/yr
Total Occupancy Cost: $103.16/sqft/yr
Austin Serviced Office Costs
Serviced and flexible office space in Austin costs between $890.0 and $1150.0 per person per month, with a mid-market rate of $1072.0 per person per month.
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