On average, listings lease in the $30's per square foot per year. The San Marcos region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Greater Austin market, the San Marcos region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1981 and are Class A.