Midtown Industrial Space

Midtown

Market Report

Number of Listings
Posted in the last 90 days
29
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,860

Midtown Rates

The typical asking rate per listing is in the $30's per square foot per year. The Midtown region is experiencing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 30% increase in rent.

Compared to the rest of the Kansas City market, the Midtown submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Midtown Listing Supply

In the last 90 days, 338 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Midtown are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,860 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1960 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Midtown folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Midtown.
Research