Topeka, KS Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

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Multifamily Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$36,467.45 -1.6% -12.7%

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Office Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$75.28 -2.7% +5.3%

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Industrial Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$41.83 +2.7% +5.0%
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County
$32.80 0.0% 0.0%
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City
$33.34 0.0% 0.0%

Current Topeka market trends data indicates of no change in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with no change compared to last year's prices. County-wide, asking prices for Industrial properties are similar to the current median asking price in Topeka, KS at $33 per sq ft.

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Retail Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$87.00 +4.4% +15.8%

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Office Property Asking Rent - Lease Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$14.10 -0.6% -2.6%
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Metro
$13.05 -0.4% +0.3%
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County
$13.08 -0.4% +0.2%
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City
$13.18 -0.5% -0.3%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Jun 15 was $13.18. This represents a decrease of -0.5% compared to the prior 3 months, with a decrease of -0.3% year-over-year. County-wide, average rental rates in Topeka are -0.4% lower at $13.08 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$5.13 -2.6% -11.7%
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Metro
$3.53 -1.6% -3.0%
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County
$3.53 -1.8% -4.0%
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City
$3.51 -2.3% -6.0%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Jun 15 was $3.51. This represents a decrease of -2.3% compared to the prior 3 months, with a decrease of -6.0% year-over-year. County-wide, average rental rates in Topeka are -1.8% lower at $3.53 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
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State
$12.53 +1.4% +4.1%
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Metro
$10.55 -0.2% +5.4%
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County
$10.67 -0.2% +5.7%
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City
$11.16 +0.3% +7.5%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Jun 15 was $11.16. This represents an increase of 0.3% compared to the prior 3 months, with an increase of +7.5% year-over-year. County-wide, average rental rates in Topeka are -0.2% lower at $10.67 per sq ft/year for Retail Commercial properties currently for lease.