Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
83
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,630
As of: August 16, 2017

Midtown Rates

Most listings are in the $10's per square foot per year. The Midtown submarket is seeing a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 39% decrease in rent.

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

Midtown Listing Supply

In the last 90 days, 83 listings have been posted online, so you'll want to check back regularly for new listings. About 28% of the available leases in the Midtown 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.

The standard measurement for office space in this area is around 1,590 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1961 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Midtown residents. Commuting under 5 minutes 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 Midtown.
Market Report

Market Data

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