On average, listings lease in the $20's per square foot per year. The Tobin Hill submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the San Antonio market, the Tobin Hill submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Tobin Hill are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 10,320 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1955 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Tobin Hill occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.