The typical asking rate per listing is in the $10's per square foot per year. The Uptown Loop region is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 36% decline in rent.
Compared to the rest of the San Antonio market, the Uptown Loop region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 8 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 8 floors. Most buildings in this market were built in 1986 and are Class A.
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 market. Commute by car is the most popular way to get to work amongst Uptown Loop occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.