West St. Paul Industrial

West St. Paul

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,847
As of: December 2, 2016

West St. Paul Rates

The typical asking rate per listing is in the $10's per square foot per year. The West St. Paul submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decrease in rent.

West St. Paul Listing Supply

In the last 90 days, 33 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the West St. Paul 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 5,847 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1998 and are Class B.

West St. Paul Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst West St. Paul occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in West St. Paul.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West St. Paul.
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