Downtown Kansas City Retail

Downtown Kansas City

Office Space Market Report

Number of Listings (last 90 days)
151
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
5,500
As of: March 11, 2017

Downtown Kansas City Rates

Most listings are in the $20's per square foot per year. The Downtown Kansas City submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

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

Downtown Kansas City Listing Supply

In the last 90 days, 151 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Downtown Kansas City are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1920 and are Class B.

Downtown Kansas City Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Kansas City occupants. Commuting between 30 and 45 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 Kansas City.
Market Report

Market Data

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