The typical asking rate per listing is in the $30's per square foot per year. The East Side submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the San Antonio market, the East Side submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 377 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the available space in the East Side are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,400 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this area were built in 1960 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst East Side residents. Commuting close to 15 minutes 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 East Side.
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