Downtown St. Louis Sublease

Downtown St. Louis

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
6,230
As of: May 21, 2017

Downtown St. Louis Rates

Most listings are in the $20's per square foot per year. The Downtown St. Louis region is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 12% increase in rent.

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

Downtown St. Louis Listing Supply

In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Downtown St. Louis are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,230 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this region were built in 1961 and are Class A.

Downtown St. Louis Community

A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown St. Louis occupants. Commuting more than an hour and a half 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 Downtown St. Louis.
Market Report

Market Data

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