Compared to the rest of the St. Louis market, the Downtown East region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 38 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,980 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this market were built in 1967 and are Class A.
This market is fairly equally mixed residential and commercial. Utilities is the dominant industry in this region. Most of the residents of Downtown East work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.