Hanover Place Office Space

Hanover Place

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,000
As of: June 22, 2017

Hanover Place Rates

On average, listings lease in the $10's per square foot per year. The Hanover Place region is going through a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Kansas City market, the Hanover Place submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Hanover Place Listing Supply

In the last 90 days, 9 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Hanover Place 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1960 and are Class C.

Hanover Place Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Hanover Place folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Hanover Place.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hanover Place.
Research