Webster Groves Office Space

Webster Groves

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,900
As of: August 17, 2017

Webster Groves Rates

The typical asking rate per listing is in the $20's per square foot per year. The Webster Groves submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $25 per sqft per year.

Webster Groves Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available leases in the Webster Groves are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1960 and are Class C.

Webster Groves Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the occupants of Webster Groves work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Webster Groves.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Webster Groves.
Research

Webster Groves Submarkets