The typical asking rate per listing is in the $20's per square foot per year. The Five Points submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the San Antonio market, the Five Points submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,750 sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 1956 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Five Points residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.