On average, listings lease in the $20's per square foot per year. The Financial District submarket is going through a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.
Compared to the rest of the Kansas City market, the Financial District submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 37 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 16% of the office spaces in the Financial District 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 7,530 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this area were built in 1921 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Financial District occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.