On average, listings lease in the $20's per square foot per year. The Midtown submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Kansas City market, the Midtown submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 48 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Midtown 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 2,653 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Midtown folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.