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 14 vs. 3 mo. prior Y-O-Y
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State
$41,765.85 +1.1% -14.1%

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Office Property Asking Price Index - Sale Trends

  Jun 14 vs. 3 mo. prior Y-O-Y
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State
$71.47 -5.4% -1.3%

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Industrial Property Asking Price Index - Sale Trends

  Jun 14 vs. 3 mo. prior Y-O-Y
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State
$39.82 -1.5% +6.4%
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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

  Jun 14 vs. 3 mo. prior Y-O-Y
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State
$75.15 -4.2% -3.4%

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Office Property Asking Rent - Lease Trends

  Jun 14 vs. 3 mo. prior Y-O-Y
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State
$14.48 -0.1% +1.2%
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Metro
$13.01 -0.7% +5.0%
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County
$13.06 -0.6% +5.1%
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City
$13.22 -0.3% +5.5%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Jun 14 was $13.22. This represents a decrease of -0.3% compared to the prior 3 months, with an increase of +5.5% year-over-year. County-wide, average rental rates in Topeka are -0.6% lower at $13.06 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Jun 14 vs. 3 mo. prior Y-O-Y
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State
$5.82 -0.6% +0.3%
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Metro
$3.64 +12.1% +5.2%
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County
$3.68 +12.1% +5.3%
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City
$3.73 +12.0% +4.0%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Jun 14 was $3.73. This represents an increase of 12.0% compared to the prior 3 months, with an increase of +4.0% year-over-year. County-wide, average rental rates in Topeka are +12.1% higher at $3.68 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Jun 14 vs. 3 mo. prior Y-O-Y
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State
$12.04 +0.5% -5.1%
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Metro
$10.01 +3.4% +5.2%
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County
$10.09 +3.6% +5.5%
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City
$10.38 +4.4% +6.6%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Jun 14 was $10.38. This represents an increase of 4.4% compared to the prior 3 months, with an increase of +6.6% year-over-year. County-wide, average rental rates in Topeka are +3.6% higher at $10.09 per sq ft/year for Retail Commercial properties currently for lease.