On average, listings lease in the $20's per square foot per year. The Crown Center region is going through a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 26% increase in rent.
Compared to the rest of the Kansas City market, the Crown Center submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 82% of the office spaces in the Crown Center are subleases, so you might be able to snag a great spot on a short term. 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 4,910 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 8 stories. 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 occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.