On average, listings lease in the $20's per square foot per year. The Northland submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Kansas City market, the Northland region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 187 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available space in the Northland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Northland folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.