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Chesterfield Office Rent Price & Sales Report

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

  • Columbia Office Space

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2024 Office Construction in Chesterfield, MO

Largest Office Properties Recently Completed in Chesterfield
Office building Address SF Completed
Wildhorse Village Wildhorse Village, 63005 580,940 2026
Delmar Gardens III 14767 North Outer 40 Road, 63017 126,760 2017
Central Park Square I 16150 Main Circle Drive, 63017 100,000 2007
17000 Baxter Road 17000 Baxter Rd, 63005 14,027 2006
Chesterfield Grove V 17050 Baxter Rd., 63005 44,575 2003
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
Black's Ridge 16253 Swingley Ridge Road, 63017 66,685 2000

Worth noting among recent office completions on the Chesterfield market is Wildhorse Village, which is currently the largest new office development in the city, at 580,940 square feet.

Data provided by Yardi Research

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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 Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.

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