Most listings are in the $20's per square foot per year. The Downtown Kansas City submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Kansas City market, the Downtown Kansas City region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 151 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Downtown Kansas City are subleases, so you will probably have to consider a longer term lease. 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 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 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 market. Commute by walking is the most popular way to get to work amongst Downtown Kansas City residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.