RETAIL SPACE FOR LEASE IN ST. LOUIS

Why implement your retail space in St. Louis?  

St. Louis boasts a vibrant retail scene with numerous opportunities for businesses seeking retail space for lease. The city offers a wide range of options, including prime storefronts in popular shopping districts such as the Central West End, the Delmar Loop, and downtown St. Louis. 

These areas are known for their bustling foot traffic, trendy boutiques, and diverse dining options, making them attractive destinations for retailers. Additionally, St. Louis is home to several retail centers and malls, such as West County Center and St. Louis Galleria, which provide larger spaces and a variety of retail amenities. With a strong consumer base, a growing tourism industry, and a strategic location in the heart of the Midwest, leasing retail space in St. Louis presents an opportunity for businesses to tap into a thriving market and establish a successful retail presence.

How much does it cost to rent a retail space in St. Louis?

The cost of renting a retail space in St. Louis can vary significantly depending on factors such as location, size, amenities, and the specific requirements of the space. Rental prices are typically quoted on a per-square-foot basis per year. The average rental rates for retail space in St. Louis range from approximately $15 to $40 per square foot per year. 

To read: our St. Louis MarketBeat Retail report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are retail space rents likely to increase in St. Louis?

Retail space rents can be influenced by various factors, including supply and demand dynamics, economic conditions, consumer preferences, and industry trends. As St. Louis experiences economic growth, attracts new businesses, and witnesses population growth, the demand for retail space can increase, leading to potential rent increases. Additionally, redevelopment projects, revitalization efforts, and improvements in infrastructure can also drive up rents in certain neighborhoods or commercial corridors.

Popular neighborhoods in St. Louis?

St. Louis offers several popular neighborhoods that are ideal for leasing retail space, each with its own unique character and advantages. Here are some of the popular neighborhoods in St. Louis for leasing retail space:

• Central West End: Known for its upscale vibe and historic architecture, the Central West End is a vibrant neighborhood with a mix of high-end boutiques, trendy restaurants, and art galleries. It attracts a diverse crowd and offers excellent foot traffic for retail businesses.
• Delmar Loop: Located in the University City suburb, the Delmar Loop is a lively entertainment district with a vibrant arts scene. It features an eclectic mix of shops, eateries, music venues, and unique stores, making it a popular destination for locals and visitors alike.
• Downtown St. Louis: The downtown area is the commercial and cultural hub of the city, offering a wide range of retail opportunities. It is home to department stores, specialty shops, and popular dining establishments. The proximity to major attractions and office buildings ensures a steady flow of customers.
• The Hill: Known for its Italian-American heritage, the Hill neighborhood is a charming area filled with family-owned restaurants, bakeries, and specialty shops. It attracts locals and tourists who seek authentic Italian cuisine and products.
• Lafayette Square: Lafayette Square is a historic neighborhood with beautiful Victorian-style homes and a selection of boutique shops, antique stores, and art galleries. It provides a quaint and picturesque setting for retail businesses. 

Getting to and from St. Louis?

St. Louis, located in the Midwestern United States, can be easily accessed by several transportation options.

• By Air: The city is served by the Lambert-St. Louis International Airport (STL), which is located approximately 13 miles from downtown St. Louis. The airport is well-connected to several domestic and international destinations and offers ground transportation options such as rental cars, taxis, ride-sharing services, and public transportation.
• By Car: St. Louis is located at the intersection of several major highways, including Interstate 70, Interstate 44, and Interstate 55. The city is also connected to several major cities in the Midwest by a network of interstate highways.
• By Train: Amtrak offers train service to St. Louis via its Gateway Station, which is located in downtown St. Louis. The station is served by several routes, including the Missouri River Runner, which connects St. Louis to Kansas City, and the Texas Eagle, which connects St. Louis to Chicago and San Antonio.
• By Bus: Several bus companies offer service to St. Louis, including Greyhound and Megabus. The city is also served by a local public transportation system, Metro Transit, which offers bus and light rail service throughout the region.