The typical asking rate per listing is in the $30's per square foot per year. The Shearer Hills - Ridgeview submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the San Antonio market, the Shearer Hills - Ridgeview submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,850 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 6 floors. Most buildings in this region were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Shearer Hills - Ridgeview folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.