Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
83
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,630
As of: July 22, 2017

Midtown Rates

Most listings are in the $30's per square foot per year. The Midtown region is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 18% rise in rent.

Compared to the rest of the Kansas City market, the Midtown region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Midtown Listing Supply

In the last 90 days, 83 listings have been listed, so you'll want to check back regularly for new listings. About 29% of the office spaces in the Midtown are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,630 sqft. Most buildings in this market are around 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 market. Commute by public transit is the most popular way to get to work amongst Midtown occupants. 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