2023 Office Space Rent & Sales
- $23.19 2023 Avg. Asking Rent
- 3.67% Y-o-Y Avg. Asking Rent Change
- 4.56% 2023 Office Vacancy Rate
Prairie Village office price per square foot in 2023 was $23.19 on average. This marked a +3.67% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 4.56% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Kansas Class A & A+ Office Space$25.97
- Kansas Class B Office Space$20.90
- Kansas Class C Office Space$22.14
Prairie Village, KS Office Asking Rents by Class
2023 Office Vacancy Rates in Prairie Village
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Overland Park | $23.75 | 17.49% |
| Mission | $20.86 | 10.14% |
Office Spaces for Rent in Kansas
Coworking Spaces in Kansas
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Greenview Plaza | 5000 West 95th Street, 66207 | 39,960 | 1988 |
| 7400 Place | 7400 State Line Road, 66208 | 47,471 | 1986 |
| Corinth Square | 8200 Mission Road, 66208 | 262,727 | 1984 |
| 4200 Somerset Drive | 4200 Somerset Drive, 66208 | 43,491 | 1978 |
| Corinth Executive Building | 4121 West 83rd Street, 66208 | 49,998 | 1972 |
| Prairie Village Office Center | 7301 Mission Road, 66208 | 90,510 | 1964 |
| 3500 & 3520 West 75th Street | 3500 West 75th Street, 66208 | 43,722 | 1963 |
Worth noting among recent office completions on the Prairie Village market is Greenview Plaza, which is currently the largest new office development in the city, at 39,960 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Prairie Village commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.