On average, listings lease in the $20's per square foot per year. The Ward Parkway Plaza region is going through a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.
Compared to the rest of the Kansas City market, the Ward Parkway Plaza submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 13 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 38% of the office spaces in the Ward Parkway Plaza 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.
The standard measurement for office space in this area is around 1,540 sqft. Most buildings in this region are close to 4 floors. Most buildings in this market were built in 1973 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Most of the residents of Ward Parkway Plaza work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.