2024 Office Space Rent & Sales
- $27.74 2024 Avg. Asking Rent
- 31.43% 2024 Office Vacancy Rate
Chesterfield office price per square foot in 2024 was $27.74 on average. The local office market recorded an average vacancy rate of 31.43% 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
2024 Average Office Rent per Square Foot
- Chesterfield Class A & A+ Office Space$32.59
- Chesterfield Class B Office Space$21.69
- Chesterfield Class C Office Space$21.24
- Missouri Class A & A+ Office Space$26.39
- Missouri Class B Office Space$21.02
- Missouri Class C Office Space$17.35
Chesterfield, MO Office Asking Rents by Class
Average office rent in Chesterfield rested at $27.74 per square foot in 2024. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Chesterfield averaged $32.59 per square foot. Across all submarkets, class B office space recorded an average asking rent of $21.69 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $21.24 per square foot, on average. Comparably, statewide Missouri average office rents by class in 2024 were: $26.39 per square foot for class A office space; $21.02 per square foot for class B office space; $17.35 per square foot for class C office space.
Office Spaces for Rent in Missouri
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2024 Office Construction in Chesterfield, MO
| Office building | Address | SF | Completed |
|---|---|---|---|
| Delmar Gardens III | 14767 North Outer 40 Road, 63017 | 126,760 | 2017 |
| 18333 Wings Corporate Dr | 18333 Wings Corporate Dr, 63005 | 9,688 | 2009 |
| 16751 Chesterfield Airport Rd | 16751 Chesterfield Airport Rd, 63005 | 14,027 | 2006 |
| 17263 Wild Horse Creek Road | 17263 Wild Horse Creek Road, 63005 | 10,751 | 2003 |
| 17269 Wild Horse Creek Rd | 17269 Wild Horse Creek Rd, 63005 | 915 | 2002 |
| 17269 Wild Horse Creek Rd #220 | 17269 Wild Horse Creek Rd, 63005 | 915 | 2002 |
| One Chesterfield Place | 14755 North Outer 40 Road, 63017 | 143,473 | 2001 |
| Timberlake Corp Ctr III | 1350 Timberlake Manor Pkwy., 63017 | 116,197 | 2000 |
| Black's Ridge | 16253 Swingley Ridge Road, 63017 | 66,685 | 2000 |
| Timberlake Corp Ctr II | 1370 Timberlake Manor Pkwy., 63017 | 117,618 | 1999 |
Worth noting among recent office completions on the Chesterfield market is Delmar Gardens III, which is currently the largest new office development in the city, at 126,760 square feet.
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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Chesterfield 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.