Should I still apply to this job despite lacking only one of the required qualifications?

So I'm a recent Uni graduate and I'm looking to transition out of the part-time retail work I did while I was in school and into an office job. There is a specific position I am interested and I meet all but one of the required qualifications, which is 1 year of office work experience. Would you queens suggest that I still apply for it despite this?

I feel like apart from lacking specifically a year of office experience, I think I have all the skills and abilities necessary to make me a good fit for the job. I've done plenty (multiple years worth) of volunteer work and internships in office environments that have given me the experience and skills this job listing is looking for. However, since it was all volunteer and internship based instead of from a proper full time job, I was second guessing whether it would count. I would greatly appreciate your input on this.

EDIT: Thank you everyone for your replies. All of you are right - I have nothing to lose here, the worse that can happen is getting a no and that's not a problem. I'm going to take your advice and apply. I'm no longer going to hesitate to apply in the future even if I dont meet 100% of the qualifications.