Midtown Office Space For Lease

Midtown

Market Report

Number of Listings For Lease
Posted in the last 90 days
27
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
380

Midtown Commercial Real Estate

Find Midtown commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Midtown commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Midtown Rates

The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Midtown submarket is going through a an increase in rates. In the last 3 months, the median rate for lease increased $7 per sqft per year. That's a 30% rise in rent.

Compared to the rest of the Kansas City commercial real estate market, the Midtown region has more expensive rates for rent, and you may need to make a great offer to be in this hot region.

Midtown Listing Supply

In the last 90 days, 338 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,420 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built approximately 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 area. Commute by public transit is the most popular way to get to work amongst Midtown occupants. 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