The typical asking rate per listing is in the $20's per square foot per year. The Vance Jackson submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the San Antonio market, the Vance Jackson region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the Vance Jackson 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.
The standard measurement for office space in this area is around 1,610 sqft. Most buildings in this market are approximately 10 stories. Most buildings in this region were built in 1983 and are Class A.
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 car is the most popular way to get to work amongst Vance Jackson residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.