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

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$43,214.10 +7.8% -18.9%

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Office Property Asking Price Index - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$71.76 -2.2% +0.5%

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Industrial Property Asking Price Index - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$41.04 +2.0% +5.8%
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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

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$71.18 -7.4% -8.6%

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Office Property Asking Rent - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$14.43 -0.7% +0.0%
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Metro
$12.82 -1.8% +1.4%
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County
$12.87 -1.9% +1.4%
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City
$13.01 -2.0% +1.5%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Aug 14 was $13.01. This represents a decrease of -2.0% compared to the prior 3 months, with an increase of +1.5% year-over-year. County-wide, average rental rates in Topeka are -1.9% lower at $12.87 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$5.85 +1.0% +0.1%
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Metro
$3.71 +6.7% +8.9%
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County
$3.74 +6.4% +8.8%
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City
$3.77 +5.7% +7.2%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Aug 14 was $3.77. This represents an increase of 5.7% compared to the prior 3 months, with an increase of +7.2% year-over-year. County-wide, average rental rates in Topeka are +6.4% higher at $3.74 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
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State
$12.03 +0.1% -5.4%
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Metro
$9.87 +0.1% +6.9%
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County
$9.96 +0.2% +7.4%
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City
$10.32 +1.7% +10.1%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Aug 14 was $10.32. This represents an increase of 1.7% compared to the prior 3 months, with an increase of +10.1% year-over-year. County-wide, average rental rates in Topeka are +0.2% higher at $9.96 per sq ft/year for Retail Commercial properties currently for lease.