The typical asking rate per listing is in the $20's per square foot per year. The Five Points region is experiencing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the San Antonio market, the Five Points submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Five Points are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,820 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this area were built in 1956 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Five Points folk. Commuting around 20 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 Five Points.
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