The typical asking rate per listing is in the $10's per square foot per year. The O'Fallon region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 109 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the listings in the O'Fallon 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 45,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 2001 and are Class A.
Real time and historical data on commercial real estate listings in O'Fallon.
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