The typical asking rate per listing is in the $30's per square foot per year. The South Plaza submarket is going through a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year.
Compared to the rest of the Kansas City market, the South Plaza region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the South Plaza 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 available, so finding a space for a small business might be tough.
Even though the median size is 13,540 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 12 floors. Most buildings in this region were built in 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the residents of South Plaza work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.