On average, listings lease in the $10's per square foot per year. The Holmes Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Kansas City market, the Holmes Park submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have been posted online, which means office spaces are probably leasing quickly. 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 7,530 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this market were built in 1954 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the residents of Holmes Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.