On average, listings lease in the $10's per square foot per year. The South St. Paul submarket is going through a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 6 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst South St. Paul folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.