On average, listings lease in the $10's per square foot per year. The Lake St. Louis submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.
In the last 90 days, 4 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 2000 and are Class B.