On average, listings lease in the $20's per square foot per year. The Red Bridge North region is going through a a boost in rates. In the last 3 months, the median rate increased $23 per sqft per year.
Compared to the rest of the Kansas City market, the Red Bridge North submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Red Bridge North 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,680 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of Red Bridge North work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.