On average, listings lease in the $20's per square foot per year. The Downtown Kansas City submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease 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 region.
In the last 90 days, 151 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available space in the Downtown Kansas City are subleases, so you will probably have to focus your search on direct office leases. 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 5,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1920 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Kansas City residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.