On average, listings lease in the $20's per square foot per year. The Stone Oak submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the San Antonio market, the Stone Oak submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 28 listings have been made available, which means leases might be leasing quickly. 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 need to consider the implications of signing a direct lease with the building. 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 buildings in this market are close to 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 occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.