The typical asking rate per listing is in the $20's per square foot per year. The River Walk region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 31% rise in rent.
Compared to the rest of the San Antonio market, the River Walk submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 34 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,625 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 8 stories. Most buildings in this area were built in 1929 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst River Walk residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.