The typical asking rate per listing is in the $40's per square foot per year. The Alamo Placita submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 2 listings have come on the market, which means spaces might be going fast. 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.
The standard measurement for office space in this area is around 160 sqft. Most buildings in this region were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Alamo Placita folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.