The typical asking rate per listing is in the $50's per square foot per year. The South St. Paul region is experiencing a an increase in rates. In the last 3 months, the median rate went up $50 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 8 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 properties in this area are close to 1 floors. Most buildings in this area were built in 2006 and are Class A.
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 region. Commute by car is the most popular way to get to work amongst South St. Paul residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.