On average, listings lease in the $20's per square foot per year. The St. Louis Park region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decline in rent.
In the last 90 days, 104 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the St. Louis Park are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,770 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1976 and are Class B.