The typical asking rate per listing is in the $20's per square foot per year. The St. Louis Park region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 15% rise in rent.
In the last 90 days, 440 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the St. Louis Park are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 19,350 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1976 and are Class B.
Real time and historical data on commercial real estate listings in St. Louis Park.
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