On average, listings lease in the $0's per square foot per year. The Downtown Topeka region is seeing a decrease in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 10 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 sqft. Most buildings in this region are around 4 floors. Most buildings in this area were built in 1925 and are Class B.
This market is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Most of the folk of Downtown Topeka work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.