On average, listings lease in the $20's per square foot per year. The Ballwin region is experiencing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year.
In the last 90 days, 20 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 55% of the office spaces in the Ballwin 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 2,550 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Ballwin folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.