The typical asking rate per listing is in the $20's per square foot per year. The Linden Hills and Indian Heights submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Kansas City market, the Linden Hills and Indian Heights submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available leases in the Linden Hills and Indian Heights 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.
Even though the median size is 4,660 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Linden Hills and Indian Heights work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.