On average, listings lease in the $20's per square foot per year. The St. Charles submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 24 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 46% of the available leases in the St. Charles are subleases, so you might be able to find a shorter term or below market rent. 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 4,120 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 1989 and are Class B.