On average, listings lease in the $20's per square foot per year. The Crossroads region is seeing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 34% decline in rent.
Compared to the rest of the Kansas City market, the Crossroads submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 38 listings have been made available, which means leases might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,430 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this market were built in 1920 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Crossroads residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.