Midtown Sublease

Midtown

Office Space Market Report

Number of Listings (last 90 days)
77
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,590
As of: February 22, 2017

Midtown Rates

On average, listings lease in the $20's per square foot per year. The Midtown region is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 26% rise in rent.

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

Midtown Listing Supply

In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Midtown are subleases, so you will probably have to consider a longer term lease. 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 3,590 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1962 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Midtown residents. Commuting under 5 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 Midtown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Midtown.
Research