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

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$39,013.48 -6.2% -11.7%

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Office Property Asking Price Index - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$76.42 +4.7% +3.8%

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Industrial Property Asking Price Index - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$41.54 +0.9% +1.7%
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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

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$78.21 +8.8% -2.8%

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Office Property Asking Rent - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$14.16 -0.7% -2.4%
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Metro
$13.07 +1.4% -0.5%
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County
$13.12 +1.4% -0.6%
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City
$13.25 +1.2% -0.8%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Jan 15 was $13.25. This represents an increase of 1.2% compared to the prior 3 months, with a decrease of -0.8% year-over-year. County-wide, average rental rates in Topeka are +1.4% higher at $13.12 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$5.27 -6.3% -9.9%
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Metro
$3.65 -2.0% +11.9%
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County
$3.67 -2.1% +10.6%
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City
$3.67 -2.5% +8.5%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Jan 15 was $3.67. This represents a decrease of -2.5% compared to the prior 3 months, with an increase of +8.5% year-over-year. County-wide, average rental rates in Topeka are -2.1% lower at $3.67 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$12.14 +0.8% +0.5%
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Metro
$10.10 +0.8% +5.9%
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County
$10.20 +0.9% +6.6%
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City
$10.59 +1.0% +9.5%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Jan 15 was $10.59. This represents an increase of 1.0% compared to the prior 3 months, with an increase of +9.5% year-over-year. County-wide, average rental rates in Topeka are +0.9% higher at $10.20 per sq ft/year for Retail Commercial properties currently for lease.