On average, listings lease in the $20's per square foot per year. The Quality Hill submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Kansas City market, the Quality Hill region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 10 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,770 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this area were built in 1905 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Quality Hill folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.