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San Antonio Office Rent Price & Sales Report

Highlights

  • The average rent for office space in San Antonio is $27.59 per square foot, 3.32% higher compared to the previous year.
  • The market’s vacancy rate stands at 19.91%, higher than the state average of Texas, which is 17.16%.
  • Renting Class A/A+ office space here costs $31.48 per square foot, while Class B averages $25.05 and Class C stands at $22.17.
  • 133,320 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $27.59 2025 Avg. Asking Rent
  • 3.32% Y-o-Y Avg. Asking Rent Change
  • 19.91% 2025 Office Vacancy Rate
  • $230.8M2025 Total Office Sales
  • $134.81Avg. Sale Price/SF

What is the average asking rent price for office space in San Antonio?

Average asking rents for office space here stand at $27.59 per square foot. The local office market recorded an average vacancy rate of 19.91% in 2025, unchanged from 19.91% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $230.8M across 21 sales. These transactions commanded an average sale price per square foot of $134.81.

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San Antonio, TX Office Asking Rents by Class

What is the average office rent per square foot by property class in San Antonio?

  • Avg. Asking Rent Class A & A+$31.48
  • Avg. Asking Rent Class B$25.05
  • Avg. Asking Rent Class C$22.17

The average asking rent for Class A and A+ office space stood at $31.48 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in San Antonio averaged $25.05 per square foot, while the average for Class C space was $22.17 per square foot.

What is the average office rent per square foot by property class in TX?

  • Avg. Asking Rent Class A & A+$39.66
  • Avg. Asking Rent Class B$24.95
  • Avg. Asking Rent Class C$20.18

For comparison, the average rent for Class A and A+ office space in Texas was $39.66 per square foot. The state-wide average for Class B space was $24.95 per square foot, and Class C office spaces averaged $20.18 per square foot.

San Antonio, TX Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in San Antonio was Outlying Bexar County at 12.22%. Meanwhile, the highest office vacancy rate in the market was 38.88%, recorded in San Antonio CBD.
Submarket Asking Rents Vacancy Rates
Outlying Bexar County $33.35 12.22%
Northwest San Antonio $31.33 18.64%
San Antonio CBD $30.19 38.88%
East San Antonio $30.01 21.09%
Northeast San Antonio $28.91 18.64%
I-10 Corridor $26.89 13.61%
Airport $26.13 22.13%
Far West San Antonio $24.74 22.75%
West San Antonio $23.17 30.12%
Data provided by Yardi Research

2025 Office Sales Volume

  • $134.812025 Avg. Price per SF
  • -19.57%Y-o-Y Avg. PpSF Change
  • $230.8M2025 Office Sales Volume
  • 212025 Number of Transactions

What is the average sale price per square foot for office space in San Antonio?

Average sale prices for office space in this market recorded a -19.57% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $134.81 per square foot. For comparison, the statewide Texas average during the same time period stood at $180.25 per square foot, while the national average was $182.48 per square foot.

San Antonio, TX Sale Price per SF Trend

  • San Antonio Avg. Sale Price per SF in 2025$134.81
  • Texas Avg. Sale Price per SF in 2025$180.25

What was the total office sales volume in San Antonio in 2025?

The local office market recorded 21 deals in 2025, adding up to a yearly sales volume of $230.8M.

  • San Antonio, TX Total Office Sales Volume in 2025 $230.8M
  • San Antonio, TX Total Number of Office Sales Closed in 2025 21

What were the largest office building sales in San Antonio in 2025?

The market’s largest transaction last year was the sale of Console Building for $3,280,000 on 11/21/2025.
The next-highest sale was the transaction involving Briscoe Executive Center, which traded for $1,600,001.

Property name Address Date Price
Console Building 9501 Console Drive 11/21/2025 $3,280,000
Briscoe Executive Center 13300 Old Blanco Road 9/9/2025 $1,600,001
Data provided by Yardi Research

2025 Office Construction in San Antonio, TX

  • San Antonio, TX Total SF completed in 2025 271,155
  • San Antonio, TX Total SF under construction in 2026 133,320

How much office space was built in San Antonio in 2025?

271,155 square feet of new office space was delivered across the market in the previous year. New construction included 5 properties, with an average new property size of 54,231 square feet.

Looking forward, development activity in 2026 is estimated to add 133,320 square feet of office space to the market in total.

What are the largest recent office completions in San Antonio?

The largest recent office completion here is Jefferson Building at 232,037 square feet, completed in 2023. The next largest completions are WatersEdge II and Merchant’s Ice Innovation Center.

Office building Address SF Completed
Stone Oak Mercantile 20135 Stone Oak Pkwy, 78258 57,673 2026
WatersEdge II 7611 Inner Circle Road, 78235 200,000 2024
Merchant’s Ice Innovation Center 1305 East Houston Street, 78205 130,000 2024
WatersEdge - Building 1 7515 Inner Circle Road, 78235 105,702 2024
WatersEdge - Building 2 7611 Inner Circle Road, 78235 105,702 2024
3011 West Loop 1604 North 3011 West Loop 1604 North, 78251 84,083 2024
4318 De Zavala Rd 4318 De Zavala Rd, 78230 14,290 2024
Jefferson Building 1900 Broadway Street, 78215 232,037 2023
Inwood Village II 2806 West Bitters Road, 78248 74,265 2023
Melissa Ranch Market 4500 Pue Road, 78249 10,000 2023
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.

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