The typical asking rate per listing is in the $30's per square foot per year. The Shearer Hills - Ridgeview region is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the San Antonio market, the Shearer Hills - Ridgeview submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 100 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the listings in the Shearer Hills - Ridgeview are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,880 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Shearer Hills - Ridgeview folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Shearer Hills - Ridgeview.
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