The typical asking rate per listing is in the $10's per square foot per year. The Grand Center region is seeing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.
Compared to the rest of the St. Louis market, the Grand Center region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the Grand Center 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 6,750 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this market were built in 1997.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Grand Center folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.