On average, listings lease in the $10's per square foot per year. The Forest Park Southeast submarket is going through a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.
Compared to the rest of the St. Louis market, the Forest Park Southeast submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Forest Park Southeast 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,700 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 7 stories.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Forest Park Southeast residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.