The typical asking rate per listing is in the $20's per square foot per year. The Crossroads submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 22% decline in rent.
Compared to the rest of the Kansas City market, the Crossroads submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 170 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the listings in the Crossroads are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,590 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1920 and are Class B.
This area is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Crossroads occupants. Commuting around 15 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 Crossroads.
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