The typical asking rate per listing is in the $30's per square foot per year. The Webster Groves submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decline in rent.
In the last 90 days, 3 listings have been made available, which means new availabilities 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1968 and are Class B.