On average, listings lease in the $20's per square foot per year. The Stone Oak region is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 22% decline in rent.
Compared to the rest of the San Antonio market, the Stone Oak submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 28 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available leases in the Stone Oak are subleases, so you will probably have to focus your search on direct office leases. 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 2,090 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Stone Oak residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.