On average, listings lease in the $20's per square foot per year. The Crossroads region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Kansas City market, the Crossroads region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 39 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,060 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1920 and are Class B.
This region 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 close to 15 minutes a day is the norm for those who opt to reside in this part of town.