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Office Space for Rent in Kansas City, MO - 245 Listings

Kansas City, MO - Office Market Overview

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The Kansas City Metropolitan Area includes the Briarcliff - Claymont, Red Bridge, and South Plaza - Countryside office space submarkets. With a metropolitan population of over 2 million people, Kansas City was originally founded as a port on the Missouri River and has since grown to be the largest city in Missouri. A wide variety of business and industry drive the Class A office space market in Kansas City, MO, including the agriculture and federal government sectors.

As of mid-2017, the Greater Kansas City office market encompasses nearly 26 million square feet of existing office space in properties larger than 50,000 square feet. The city is home to numerous corporate headquarters that contribute to the robust Kansas City commercial real estate market.

Kansas City, MO - Office Inventory Description

While agriculture has always played a major role in the economy of Kansas City, today white-collar employers such as the federal government, and banking & finance companies contribute to the demand for office space in Kansas City. With a gross metropolitan product of nearly $113 billion, the demand for space continues to be strong. Over 51% of the office space in Kansas City is Class A or A+, with another 48% of Class B product added to the total inventory in the market.

Some of the strongest demand for Class A office space in Kansas City is seen in the Crown Center - Union Hill office market. Located between the I-35 interstate and State Route 35, this submarket is home to investment-grade office buildings such as the Crown Center - Pershing Buildings, the 2323 Grand Blvd office building, and Two Pershing Square at 2300 Main Street.

Kansas City, MO Commercial Inventory Breakdown

Office Spaces

Total: 36,193,236 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 5,246,588 SF / 14.5% of total office
  • 100k to 500k SF: 20,352,901 SF / 56.23% of total office
  • 500k to 1M SF: 6,768,747 SF / 18.7% of total office
  • > 1M SF: 3,825,000 SF / 10.57% of total office

By class:

  • Class A: 16,521,258 SF / 45.65% of total office
  • Class B: 17,516,809 SF / 48.4% of total office
  • Class C: 535,513 SF / 1.48% of total office

Top 10 Largest Office Buildings

in Kansas City

Office building Address Sqft Year built
Hallmark Cards Headquarters 2501 McGee Trfy, 64116 2,300,000 1955
Cerner Headquarters Campus 2800 Rockcreek Pkwy, 64117 1,525,000 1975
One Kansas City Place 1200 Main Street, 64105 841,940 1987
Town Pavilion 1100 Walnut Street, 64106 802,071 1986
City Center Square 1100 Main Street, 64105 656,575 1977
Cerner Realization Campus 10234 Marion Park Drive, 64137 606,487 1994
Crown Center - Pershing Buildings 2400 Pershing Road, 64108 596,011 1973
2555 Grand 2555 Grand Blvd, 64108 595,607 2003
H&R Block World Headquarters 1301 Main Street, 64105 531,168 2006
13th & Grand 1300 Grand Blvd, 64106 525,000 n/a

Most Recently-Built Office Buildings

in Kansas City

Office building Address Sqft Year built
11224 Holmes Road 11224 Holmes Road, 64131 72,192 2018
Innovation Campus - Building One 9051 Hillcrest Road, 64138 500,000 2017
Innovation Campus - Building Two 9051 Hillcrest Road, 64138 305,000 2017
Westport Commons Plexpod - 300 East 39th Street 300 East 39th Street, 64111 163,000 2017
Children's Mercy Adele Hall Campus - Professional Office Building 2240 Kenwood Avenue, 64108 95,200 2017
Burns & McDonnell World Headquarters - 9450 Ward Pkwy 9450 Ward Pkwy, 64114 310,000 2016
Corrigan Station 1828 Walnut Street, 64108 122,000 2016
Northland Innovation Campus 6889 North Oak Trfy, 64118 90,000 2016
University Health - 2101 Charlotte Street 2101 Charlotte Street, 64108 90,000 2016
Kansas City Board of Trade Building 4800 Main Street, 64112 165,714 2015

Kansas City, MO - Green Office Space

Employment

Over the years, both tenants and investors have realized the benefits of green office space, and Kansas City is certainly succeeding in meeting this demand. This year, Kansas City has ranked 27th of the top 30 office markets in the U.S. that were surveyed for the availability of energy-efficient office space. Over the past 12 years, the percentage of green office buildings in these major markets has increased by over 33%, according to the National Green Building Adoption Index published in 2017.

While LEED-certified office buildings in Kansas City account for just over 1% of the properties larger than 50,000 square feet, the number of Energy Star-rated buildings is over 3% and the percentage of green office buildings in Kansas City is just under 4%.

A great example of a Kansas City LEED-certified office building is One Petticoat Lane at 1010 Walnut Street. Located in the Downtown Kansas City commercial real estate submarket, this 141,000-square-foot building was completed in 1988 and has a LEED certification.

Kansas City, MO's Top Office-Using Sectors

With about 30,000 employees, the Federal Government is the largest employer in Kansas City, and, along with the healthcare and finance industries, maintains robust demand for Class A office space in Kansas City.

  • Government – Federal, local and state government create many white-collar jobs, through agencies such as the Internal Revenue Service, the General Services Administration, and the Social Security Administration.
  • Healthcare & Pharmaceuticals – Drug manufacturer Sanofi-Aventis, HCA Midwest Health System, Saint Luke's Health System, Children's Mercy Hospitals and Clinics, and the University of Kansas Hospital all help to drive the demand for Class A office space in the Kansas City metro area.
  • Finance – Home to the Kansas City Federal Reserve Bank, white-collar office users also include American Century Investments, H&R Block, Novastar Financial, and Commerce Bancshares.
  • Corporate Headquarters – Some of the numerous corporate headquarters in Kansas City include Andrews McMeel Universal, Applebee's, Hostess Brands, Kansas City Southern Railway, and Blue Cross and Blue Shield of Kansas City.

Kansas City Demographics

Population

  • Total Population476,974
  • Male Population(48.7 %) 232,170
  • Female Population(51.3 %) 244,804
  • Median Age35.20

Income/Financial

  • Average Household Income$68,949
  • Median Household Income$50,136
  • Median Income Under 25$27,735
  • Median Income 25-44$55,144
  • Median Income 45-64$56,678
  • Median Income Over 65$38,801

News

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