On average, listings lease in the $20's per square foot per year. The The Coves submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Kansas City market, the The Coves submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,420 sqft. Most buildings in this region were built in 2004 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst The Coves residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.