The typical asking rate per listing is in the $20's per square foot per year. The Old Westport submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Kansas City market, the Old Westport region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available space in the Old Westport are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1940 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Old Westport occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Old Westport.
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