On average, listings lease in the $30's per square foot per year. The San Marcos submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Greater Austin market, the San Marcos region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means new availabilities are probably going fast. 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 6,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1981 and are Class A.