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

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$37,354.19 -8.2% -12.2%

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Office Property Asking Price Index - Sale Trends

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$76.41 +2.8% +2.4%

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Industrial Property Asking Price Index - Sale Trends

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$41.08 0.0% +1.3%
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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

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$81.80 +11.8% +2.9%

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Office Property Asking Rent - Lease Trends

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$14.15 -0.2% -2.7%
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Metro
$13.05 +0.6% -0.7%
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County
$13.10 +0.7% -0.7%
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City
$13.22 +0.5% -0.9%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Feb 15 was $13.22. This represents an increase of 0.5% compared to the prior 3 months, with a decrease of -0.9% year-over-year. County-wide, average rental rates in Topeka are +0.7% higher at $13.10 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$5.22 -5.2% -11.8%
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Metro
$3.63 -1.1% +8.8%
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County
$3.64 -1.4% +7.8%
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City
$3.64 -2.1% +6.0%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Feb 15 was $3.64. This represents a decrease of -2.1% compared to the prior 3 months, with an increase of +6.0% year-over-year. County-wide, average rental rates in Topeka are -1.4% lower at $3.64 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Feb 15 vs. 3 mo. prior Y-O-Y
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State
$12.20 +1.2% +1.7%
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Metro
$10.25 +2.0% +6.8%
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County
$10.37 +2.4% +7.4%
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City
$10.77 +2.8% +9.9%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Feb 15 was $10.77. This represents an increase of 2.8% compared to the prior 3 months, with an increase of +9.9% year-over-year. County-wide, average rental rates in Topeka are +2.4% higher at $10.37 per sq ft/year for Retail Commercial properties currently for lease.