Most listings are in the $20's per square foot per year. The Downtown Kansas City region is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 21% rise in rent.
Compared to the rest of the Kansas City market, the Downtown Kansas City submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 58 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Downtown Kansas City are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this market were built in 1925 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 region. Commute by walking is the most popular way to get to work amongst Downtown Kansas City occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.