701 Market St. - office in St. Louis, MO
Office

701 Market St.

701 market st., st. louis, MO 63101

Price

Price on request

Price/Sq Ft

$17.50

Description

Peabody Plaza

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

701 market st., st. louis, MO 63101

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the St. Louis office market showed average asking rents near $21.40/SF/yr, and cap rates around 9.2%. Source: curated:newmark Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$21.40/SF/yr
Estimated sale value
$107–$139/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 CBRE data (cap rate 9.2%, asking rent held flat).

View the full St. Louis Office market report →

Compare it against other office listings for lease in St. Louis, MO to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in St. Louis?
About 9.2% as of Q1 2026, per curated:newmark.

Unified Estimate

Medium Confidence
$7.55/SF/mo-$10.21/SF/mo
Mid: $8.88/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Very Low Confidence
  • Avg Rent ($/SF/mo) (market data)
Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26$0$6$12$18$24
Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Market Employment Trend

YoY Growth:+0.1%
Avg Weekly Wage:$1,352

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population995,569
Median Income$83k↑ 11%
College Educated41.5%↑ 8.1pp
Median Age40.3 yrs
Median Home Value$277k
Unemployment4.3%↑ 0.7pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Rent vs. Market

$17.5

7.0% below market average

Listed at $17.5/sqft/mo vs. market avg $18.81/sqft/mo

Assumptions
  • Market comparison: office in st. louis, MO

More Office for Lease in St. Louis, MO(5)

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Listed by

CBRE System Import