Most listings are in the $10's per square foot per year. The Downtown Topeka submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.
In the last 90 days, 10 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 10,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 1925 and are Class B.
This market is fairly equally mixed residential and commercial. Information is the dominant industry in this region. 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.