Hanover Place Sublease

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Hanover Place

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
90,330
As of: August 22, 2017

Hanover Place Rates

On average, listings lease in the $20's per square foot per year. The Hanover Place submarket is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 43% rise in rent.

Compared to the rest of the Kansas City market, the Hanover Place submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Hanover Place Listing Supply

In the last 90 days, 9 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 22% of the available space in the Hanover Place are subleases, so you might be able to find a shorter term or below market rent. 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 90,330 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1957 and are Class C.

Hanover Place Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hanover Place residents. Commuting close to an hour 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 Hanover Place.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hanover Place.
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Kansas City Submarkets