Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
3,330
As of: December 11, 2016

Midtown Rates

Most listings are in the $10's per square foot per year. The Midtown submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 3% increase in rent.

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

Midtown Listing Supply

In the last 90 days, 49 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Midtown are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,330 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1965 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 area. Commute by public transit is the most popular way to get to work amongst Midtown folk. 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