The typical asking rate per listing is in the $20's per square foot per year. The Crossroads submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Kansas City market, the Crossroads region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 2,800 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1925 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Crossroads folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.