Most listings are in the $20's per square foot per year. The Midtown submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the San Antonio market, the Midtown region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 89 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available leases in the Midtown 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,320 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Midtown residents. Commuting close to 10 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 Midtown.
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