On average, listings lease in the $20's per square foot per year. The Downtown Kansas City submarket is going through a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Kansas City market, the Downtown Kansas City region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 151 listings have come on the market, so you'll want to check back regularly for new listings. About 39% of the available space in the Downtown Kansas City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,980 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1920 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Kansas City folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.