On average, listings lease in the $10's per square foot per year. The Gravois Park region is seeing a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the St. Louis market, the Gravois Park region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1954 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of Gravois Park work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.