Downtown Kansas City Sublease

Downtown Kansas City

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,980
As of: December 11, 2016

Downtown Kansas City Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Kansas City submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Kansas City market, the Downtown Kansas City submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Kansas City Listing Supply

In the last 90 days, 38 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available space in the Downtown Kansas City are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,980 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1922 and are Class B.

Downtown Kansas City Community

A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Kansas City occupants. Commuting between 30 and 45 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 Downtown Kansas City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Kansas City.
Research