Compared to the rest of the St. Louis market, the Downtown West submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 17 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the Downtown West 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 13,520 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown West folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.