South Plaza Retail

South Plaza

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

South Plaza Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Plaza region is going through a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Kansas City market, the South Plaza region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

South Plaza Listing Supply

In the last 90 days, 4 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the South Plaza 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,120 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this area were built in 1986 and are Class B.

South Plaza Community

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 region. Most of the folk of South Plaza work from home. Commuting around an hour and a half 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 South Plaza.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Plaza.