Old Westport Commercial Real Estate

Old Westport

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,950

Old Westport Rates

Most listings are in the $20's per square foot per year. The Old Westport region is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 18% increase in rent.

Compared to the rest of the Kansas City market, the Old Westport submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Old Westport Listing Supply

In the last 90 days, 45 listings have come on the market, 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 need to consider the implications of signing a direct lease with the building. 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 2,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1940 and are Class B.

Old Westport Community

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 folk. Commuting close to 30 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 Old Westport.
Research