The typical asking rate per listing is in the $20's per square foot per year. The Stone Oak region is going through 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 higher 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 listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the available space 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 approximately 3 floors. 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 area. Commute by walking is the most popular way to get to work amongst Stone Oak residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.