Ballwin Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • $20.47 2023 Avg. Asking Rent
  • 0.05% Y-o-Y Avg. Asking Rent Change
  • 10.48% 2023 Office Vacancy Rate

Ballwin office price per square foot in 2023 was $20.47 on average. This marked a +0.05% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 10.48% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2023 Average Office Rent per Square Foot

  • Missouri Class A & A+ Office Space$24.89
  • Missouri Class B Office Space$20.58
  • Missouri Class C Office Space$22.78

Ballwin, MO Office Asking Rents by Class

2023 Office Vacancy Rates in Ballwin

Submarket Asking Rents Vacancy Rates
Kirkwood - Frontenac $22.86 8.65%
Western St. Louis County $19.96 0.86%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Ballwin market was 10.48% in 2023. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Ballwin was 0.86% in the Western St. Louis County submarket, while the highest office vacancy in the market was 8.65%, recorded in Kirkwood - Frontenac.

Office Spaces for Rent in Missouri

Coworking Spaces in Missouri

Largest Office Properties Recently Completed in Ballwin
Office building Address SF Completed
Manchester Highlands North 941-1001 Brittany Parkway, 63011 12,825 2009
174 Clarkson Rd 174 Clarkson Rd, 63011 21,896 2001
14321-14371 Manchester Rd 14321-14371 Manchester Rd, 63011 36,854 1984
Barrett Woods III 13537 Barrett Pkwy Dr., 63021 64,932 1983
Barrett Woods IV 13545 Barrett Pkwy Dr., 63021 64,932 1983
Clarkson Executive Park 101 Clarkson Executive Park, 63011 48,466 1983
Barrett Woods Corporate Center I 13515 Barrett Parkway Drive, 63021 90,360 1982
Barrett Woods I 13515 Barrett Pkwy Dr., 63021 43,270 1981
Barrett Woods II 13523 Barrett Pkwy Dr., 63021 43,269 1981
14370/14372 Manchester Road 14370 Manchester Road, 63011 2,495 1945

Worth noting among recent office completions on the Ballwin market is Manchester Highlands North, which is currently the largest new office development in the city, at 12,825 square feet.

Data provided by Commercial Edge

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Ballwin commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.