On average, listings lease in the $20's per square foot per year. The Downtown Kansas City submarket is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Kansas City market, the Downtown Kansas City region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 42 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the Downtown Kansas City 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 4,330 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this region were built in 1922 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Kansas City residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.