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On average, commerial real estate listings lease in the $20's per square foot per year. The Red Bridge North submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $23 per sqft per year.
Compared to the rest of the Kansas City commercial real estate market, the Red Bridge North region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 51 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available commercial real estate space in the Red Bridge North are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 5,680 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built close to 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of Red Bridge North work from home. Commuting between 30 and 45 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 Red Bridge North.
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