On average, listings lease in the $30's per square foot per year. The Downtown San Antonio region is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the San Antonio market, the Downtown San Antonio region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 77 listings have been posted online, so you'll want to check back regularly for new listings. About 21% of the available space in the Downtown San Antonio are subleases, so you might be able to find a shorter term or below market rent. 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 4,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 6 floors. Most buildings in this area were built in 1958 and are Class A.
This region is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Downtown San Antonio residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.