Northland Retail

Northland

Office Space Market Report

Number of Listings (last 90 days)
187
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,000
As of: May 20, 2017

Northland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northland region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.

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

Northland Listing Supply

In the last 90 days, 187 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available space in the Northland 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1987 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 folk. Commuting approximately 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