Central West End Sublease

Central West End

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
230
As of: May 20, 2017

Central West End Rates

On average, listings lease in the $40's per square foot per year. The Central West End submarket is going through a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a 61% increase in rent.

Compared to the rest of the St. Louis market, the Central West End submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Central West End Listing Supply

In the last 90 days, 9 listings have been listed, which means new availabilities most likley are 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 230 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1968 and are Class A.

Central West End Community

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 market. Commute by public transit is the most popular way to get to work amongst Central West End occupants. Commuting between 30 and 45 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 Central West End.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central West End.
Research