On average, listings lease in the $30's per square foot per year. The Crossroads submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $37 per sqft per year.
Compared to the rest of the Kansas City market, the Crossroads region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 39 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 38% of the listings in the Crossroads are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,170 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1920 and are Class B.
This region is fairly equally mixed residential and commercial. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Crossroads occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.