The typical asking rate per listing is in the $20's per square foot per year. The Downtown Kansas City submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the Kansas City market, the Downtown Kansas City region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 137 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available leases 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1920 and are Class B.
A large portion of this region 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.