The typical asking rate per listing is in the $20's per square foot per year. The South Plaza region is experiencing a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Kansas City market, the South Plaza region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,510 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 6 stories. Most buildings in this market were built in 1971 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the folk of South Plaza work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.