Hanover Place Industrial

We couldn't find any industrial spaces for Lease and Sublease

Hanover Place

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,000
As of: June 26, 2017

Hanover Place Rates

The typical asking rate per listing is in the $10's per square foot per year. The Hanover Place region is experiencing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Kansas City market, the Hanover Place region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Hanover Place Listing Supply

In the last 90 days, 9 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Hanover Place 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1960 and are Class C.

Hanover Place Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Hanover Place occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Hanover Place.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hanover Place.
Research