The typical asking rate per listing is in the $20's per square foot per year. The Oak Hills region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the San Antonio market, the Oak Hills submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 45% of the listings in the Oak Hills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,430 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1981 and are Class B.
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 Oak Hills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.