Southmoreland Office Space

Southmoreland

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,860
As of: December 2, 2016

Southmoreland Rates

Most listings are in the $20's per square foot per year. The Southmoreland submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Kansas City market, the Southmoreland region has higher rates, and you'll need to pay a premium to be in this hot region.

Southmoreland Listing Supply

In the last 90 days, 14 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,860 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region were built in 1986 and are Class B.

Southmoreland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southmoreland 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 Southmoreland.
Market Report

Market Data

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