Northland Retail

Northland

Office Space Market Report

Number of Listings (last 90 days)
187
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,400
As of: July 27, 2017

Northland Rates

On average, listings lease in the $20's per square foot per year. The Northland submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Kansas City market, the Northland submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Northland Listing Supply

In the last 90 days, 187 listings have been posted online, so you'll want to check back regularly for new listings. About 24% of the available space in the Northland are subleases, so you might be able to find a shorter term or below market rent. 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 1,450 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1986 and are Class B.

Northland Community

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 market. Commute by bike is the most popular way to get to work amongst Northland occupants. Commuting close to 30 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 Northland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northland.
Research