On average, listings lease in the $20's per square foot per year. The Linden Hills and Indian Heights submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Kansas City market, the Linden Hills and Indian Heights region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 19,910 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the residents of Linden Hills and Indian Heights work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.