Midtown Industrial

Midtown

Office Space Market Report

Number of Listings (last 90 days)
83
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,730
As of: June 28, 2017

Midtown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Midtown submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.

Compared to the rest of the Kansas City market, the Midtown region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Midtown Listing Supply

In the last 90 days, 83 listings have been posted online, so you'll want to check back regularly for new listings. About 52% of the available leases in the Midtown are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,490 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1961 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Midtown occupants. Commuting under 5 minutes 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 Midtown.
Market Report

Market Data

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