The typical asking rate per listing is in the $10's per square foot per year. The Forest Park Southeast region is experiencing a decline 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 region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available leases in the Forest Park Southeast are subleases, so you might be able to snag a great spot on a short term. 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 3,660 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 7 floors.
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 market. Commute by walking is the most popular way to get to work amongst Forest Park Southeast folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.