On average, listings lease in the $20's per square foot per year. The Downtown Topeka region is experiencing a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 50% increase in rent.
In the last 90 days, 10 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 30% of the office spaces in the Downtown Topeka are subleases, so you might be able to find a shorter term or below market rent. 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 2,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this market were built in 1925 and are Class B.
This region is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Most of the occupants of Downtown Topeka work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.