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

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$43,493.52 +4.1% -22.0%

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Office Property Asking Price Index - Sale Trends

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$71.76 +0.4% 0.0%

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Industrial Property Asking Price Index - Sale Trends

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$40.79 +2.4% +2.8%
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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

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$70.70 -5.9% -9.0%

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Office Property Asking Rent - Lease Trends

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$14.41 -0.4% -0.2%
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Metro
$12.84 -1.3% +0.1%
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County
$12.88 -1.4% +0.1%
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City
$13.03 -1.4% +0.4%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Sep 14 was $13.03. This represents a decrease of -1.4% compared to the prior 3 months, with an increase of +0.4% year-over-year. County-wide, average rental rates in Topeka are -1.4% lower at $12.88 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$5.85 +0.5% +1.5%
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Metro
$3.69 +1.5% +8.9%
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County
$3.73 +1.3% +8.8%
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City
$3.76 +0.9% +7.8%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Sep 14 was $3.76. This represents an increase of 0.9% compared to the prior 3 months, with an increase of +7.8% year-over-year. County-wide, average rental rates in Topeka are +1.3% higher at $3.73 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Sep 14 vs. 3 mo. prior Y-O-Y
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State
$12.04 +0.0% -5.4%
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Metro
$9.82 -1.9% +7.2%
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County
$9.92 -1.7% +7.9%
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City
$10.30 -0.8% +10.9%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Sep 14 was $10.30. This represents a decrease of -0.8% compared to the prior 3 months, with an increase of +10.9% year-over-year. County-wide, average rental rates in Topeka are -1.7% lower at $9.92 per sq ft/year for Retail Commercial properties currently for lease.