The typical asking rate per listing is in the $20's per square foot per year. The Linden Hills and Indian Heights submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Kansas City market, the Linden Hills and Indian Heights submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Linden Hills and Indian Heights 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,660 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 stories.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Linden Hills and Indian Heights work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.