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

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$41,579.15 -3.5% -23.0%

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Office Property Asking Price Index - Sale Trends

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$73.01 +2.5% +1.2%

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Industrial Property Asking Price Index - Sale Trends

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$41.19 +2.3% +1.6%
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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

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$71.87 -2.2% -7.6%

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Office Property Asking Rent - Lease Trends

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$14.26 -1.1% -0.8%
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Metro
$12.89 -0.3% +0.6%
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County
$12.94 -0.3% +0.6%
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City
$13.09 -0.3% +0.9%

The average asking rental rate per sq ft/year for Office properties in Topeka, KS as of Oct 14 was $13.09. This represents a decrease of -0.3% compared to the prior 3 months, with an increase of +0.9% year-over-year. County-wide, average rental rates in Topeka are -0.3% lower at $12.94 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$5.62 -3.5% -2.4%
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Metro
$3.72 +1.8% +10.2%
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County
$3.75 +1.5% +9.9%
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City
$3.77 +0.8% +9.0%

The average asking rental rate per sq ft/year for Industrial properties in Topeka, KS as of Oct 14 was $3.77. This represents an increase of 0.8% compared to the prior 3 months, with an increase of +9.0% year-over-year. County-wide, average rental rates in Topeka are +1.5% higher at $3.75 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Oct 14 vs. 3 mo. prior Y-O-Y
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State
$12.04 0.0% -4.0%
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Metro
$10.02 +1.2% +8.8%
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County
$10.11 +1.1% +9.3%
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City
$10.48 +1.5% +12.3%

The average asking rental rate per sq ft/year for Retail Commercial properties in Topeka, KS as of Oct 14 was $10.48. This represents an increase of 1.5% compared to the prior 3 months, with an increase of +12.3% year-over-year. County-wide, average rental rates in Topeka are +1.1% higher at $10.11 per sq ft/year for Retail Commercial properties currently for lease.