The typical asking rate per listing is in the $20's per square foot per year. The Hospital Hill submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Kansas City market, the Hospital Hill region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,800 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1928 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Hospital Hill folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.