St. Louis Retail

St. Louis

Office Space Market Report

Number of Listings (last 90 days)
109
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,800
As of: February 24, 2017

St. Louis Rates

On average, listings lease in the $20's per square foot per year. The St. Louis region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the St. Louis market, the St. Louis submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

St. Louis Listing Supply

In the last 90 days, 117 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the office spaces in the St. Louis are subleases, so you will probably have to consider a longer term lease. 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 2,500 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1963 and are Class B.

St. Louis Community

Market Report

Trends and status of the commercial real estate market in St. Louis.
Market Report

Market Data

Real time and historical data on commercial real estate listings in St. Louis.
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