The typical asking rate per listing is in the $20's per square foot per year. The River Walk submarket is going through a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the San Antonio market, the River Walk region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 34 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the River Walk are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,625 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 8 stories. Most buildings in this region were built in 1929 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst River Walk occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.