Downtown Topeka Retail

Downtown Topeka

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,750
As of: July 21, 2017

Downtown Topeka Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Topeka submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% rise in rent.

Downtown Topeka Listing Supply

In the last 90 days, 10 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Downtown Topeka 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 4 floors. Most buildings in this market were built in 1925 and are Class B.

Downtown Topeka Community

This region is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Most of the folk of Downtown Topeka work from home. 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 Downtown Topeka.
Market Report

Market Data

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