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

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$40,691.75 -5.8% -21.3%

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Office Property Asking Price Index - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$74.33 +3.6% +2.4%

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Industrial Property Asking Price Index - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$41.10 +0.1% +0.4%
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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

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$73.14 +2.8% -7.0%

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Office Property Asking Rent - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$14.18 -1.7% -1.7%
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Metro
$12.97 +1.1% +0.6%
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County
$13.02 +1.1% +0.4%
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City
$13.16 +1.1% +0.3%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Nov 14 was $13.16. This represents an increase of 1.1% compared to the prior 3 months, with an increase of +0.3% year-over-year. County-wide, average rental rates in Topeka are +1.1% higher at $13.02 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$5.51 -5.8% -4.6%
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Metro
$3.67 -1.1% +11.7%
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County
$3.70 -1.1% +11.4%
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City
$3.72 -1.4% +9.9%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Nov 14 was $3.72. This represents a decrease of -1.4% compared to the prior 3 months, with an increase of +9.9% year-over-year. County-wide, average rental rates in Topeka are -1.1% lower at $3.70 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
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State
$12.06 +0.2% -2.5%
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Metro
$10.05 +1.8% +6.9%
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County
$10.13 +1.7% +7.3%
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City
$10.48 +1.5% +10.0%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Nov 14 was $10.48. This represents an increase of 1.5% compared to the prior 3 months, with an increase of +10.0% year-over-year. County-wide, average rental rates in Topeka are +1.7% higher at $10.13 per sq ft/year for Retail Commercial properties currently for lease.