The typical asking rate per listing is in the $20's per square foot per year. The Crown Center region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Kansas City market, the Crown Center region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 27% of the listings in the Crown Center 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,290 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 8 floors. Most buildings in this market were built in 1985 and are Class A.
Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Crown Center folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.