Most listings are in the $20's per square foot per year. The Downtown Kansas City region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Kansas City market, the Downtown Kansas City region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 663 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Downtown Kansas City 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,670 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 1920 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Kansas City residents. 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 Downtown Kansas City.
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