On average, listings lease in the $10's per square foot per year. The Old Westport submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Kansas City market, the Old Westport region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 20 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Old Westport are subleases, so you will probably have to focus your search on direct office leases. 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 1,590 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1940 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Old Westport occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.