On average, listings lease in the $10's per square foot per year. The Lake St. Louis region is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 33% decline in rent.
In the last 90 days, 35 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the listings in the Lake St. Louis are subleases, so you will probably have to focus your search on direct office leases. 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 3,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 2000 and are Class B.
Real time and historical data on commercial real estate listings in Lake St. Louis.
Get email notifications when new listings are posted that match your requirements.