What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lenexa commercial real estate market incorporates 6,312,877 square feet of office space across 97 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lenexa commercial real estate market includes 1,584,941 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lenexa market, there is a total of 21,948,710 square feet of industrial property.

What types of commercial real estate are available in Lenexa, KS?

The largest share of commercial real estate space for lease in Lenexa is represented by Industrial space , which accounts for 1,529,814 square feet of available listings. Office space available in Lenexa adds up to 1,033,031 square feet.

What factors affect the price of commercial real estate in Lenexa, KS?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What is the average rent for commercial space in Lenexa, KS?

The average rent for commercial real estate space listed for lease in Lenexa is $16.14 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lenexa can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

What are the best areas for commercial real estate in Lenexa, KS?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Lenexa, depending on the property type you are interested in. Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22 per square foot. In particular, the property type commanding the highest lease rates in Lenexa was Office space.

What is the average size of a commercial property in Lenexa, KS?

The average size of a commercial property in Lenexa depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Lenexa, the average size of an office property is 71,737 square feet. Retail properties here incorporate an average of 75,473 square feet. Industrial space in Lenexa is in buildings that are, on average 162,583 square feet in size.

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274 Commercial Real Estate Listings in Lenexa, KS

8724-8730 Bourgade Avenue

8724-8730 Bourgade Ave, Lenexa, KS
For Lease

$17.00/SF/YR
Property

Office

8,400 SF
Availability

1 Space

2,250 SF
Year Built

1998
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Interstate Business Park - Building 4

8551 Bluejacket Street, Lenexa, KS
For Sale

$3,850,000
Property

Industrial

28,840 SF
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11901 W 87th Street

11901 W 87th Street, Lenexa, KS
For Lease

$20.00 - $22.00/SF/YR
Property

Office

5,830 SF
Availability

1 Space

4,164 SF
Year Built

1979
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8615 Rosehill

8615 Rosehill, Lenexa, KS
For Lease

$18.50/SF/YR
Property

Office

1,625 SF
Availability

1 Space

1,625 SF
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City Center Lenexa

87th Street Pkwy and Renner Blvd, Lenexa, KS
For Lease

Contact for pricing
Property

Office

251,500 SF
Availability

1 Space

22,000 SF
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15480-15506 College Blvd

15480 College Blvd, Lenexa, KS
For Lease

$11.75/SF/YR
Property

Industrial

19,314 SF
Availability

2 Spaces

5,528 SF
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THE DISTRICT AT CITY CENTER

89th Street and City Center Drive Lenexa, Lenexa, KS
For Lease

Contact for pricing
Property

Retail

30,000 SF
Availability

1 Space

1,302 SF
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Lenexa Logistics Centre South - Lot 2

11300 Britton St, Lenexa, KS
For Sale

$1,502,820
Property

VacantLand

6 Acre
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Lenexa Logistics Centre South - Building 6

11350 Britton Street, Lenexa, KS
For Sale

Contact for pricing
Property

Industrial

180,033 SF
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8800 Renner Blvd

8800 Renner Blvd, Lenexa, KS
For Lease

Contact for pricing
Property

Office

19,380 SF
Availability

1 Space

6,000 SF
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13420-13430 West 98th Street

13420-13430 West 98th Street, Lenexa, KS
For Sale

$1,620,000
Property

Office

8,708 SF
Year Built

1930
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8700-8706 Bourgade St

8700-8706 Bourgade St, Lenexa, KS
For Sale

$2,250,000
Property

Office

13,607 SF
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Park View North at City Center Lenexa

SEC West 87th Street Pkwy & Penrose Lane, Lenexa, KS
For Lease

Contact for pricing
Property

Office

60,000 SF
Availability

4 Spaces

57,401 SF
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10981 Eicher Dr

10981 Eicher Dr, Lenexa, KS
For Sale

$1,050,000
Property

Office

6,300 SF
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11205 W 79th St

11205 W 79th St, Lenexa, KS
For Lease

$18.00 - $20.00/SF/YR
Property

Industrial

10,400 SF
Availability

1 Space

3,480 SF
Year Built

1987
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College Crossing Business Park - Building H

11084-11090 Strang Line Road, Lenexa, KS
For Sale

Contact for pricing
Property

Office

45,047 SF
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Perimeter Park Commerce Center

23504-23540 W. 86th Street, Lenexa, Shawnee, KS
For Lease

Contact for pricing
Property

Industrial

99,704 SF
Availability

1 Space

99,704 SF
Year Built

2019
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18200 Prairie Star Parkway

18200 Prairie Star Parkway, Lenexa, KS
For Sale

Contact for pricing
Property

Unassigned
Year Built

1900
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College Crossing Business Park - Building L

11041 Strang Line Road, Lenexa, KS
For Sale

Contact for pricing
Property

Industrial

33,000 SF
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13420 Santa Fe Trail Dr

13420 Santa Fe Trail Dr, Lenexa, KS
For Lease

$12.75/SF/YR
Property

Office

4,000 SF
Availability

1 Space

4,000 SF
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8200-8248 Marshall Drive

8200-8248 Marshall Drive, Lenexa, KS
For Lease

$1,800.00/MO
Property

Industrial

59,638 SF
Availability

1 Space

1,600 SF
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10000 Marshall Drive
Plexpod
10000 Marshall Drive, Lenexa, KS
Services

Virtual Office

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Bike storage

Complimentary coffee & tea

High-speed wifi

Parking

Printer

Privacy booths
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10645 Lackman Rd

10645 Lackman Rd, Lenexa, KS
For Lease

$16.00/SF/YR
Property

Industrial

23,500 SF
Availability

2 Spaces

5,582 SF
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8150 Monticello Terrace

8150 Monticello Terrace, Lenexa, Shawnee, KS
For Lease

Contact for pricing
Property

Industrial
Availability

1 Space

3,000 SF
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14550-14560 W 99th Street

14550-14560 W 99th Street, Lenexa, KS
For Sale

$1,635,500
Property

Industrial

26,352 SF
Year Built

1974
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88th & Renner Blvd

88th & Renner Blvd, Lenexa, KS
For Lease

Contact for pricing
Property

Retail

36,000 SF
Availability

1 Space

36,000 SF
View Details (opens in new window)

274 Commercial Real Estate Listings in Lenexa, KS

8724-8730 Bourgade Avenue

Interstate Business Park - Building 4

11901 W 87th Street

8615 Rosehill

City Center Lenexa

15480-15506 College Blvd

THE DISTRICT AT CITY CENTER

Lenexa Logistics Centre South - Lot 2

Lenexa Logistics Centre South - Building 6

8800 Renner Blvd

13420-13430 West 98th Street

8700-8706 Bourgade St

Park View North at City Center Lenexa

10981 Eicher Dr

11205 W 79th St

College Crossing Business Park - Building H

Perimeter Park Commerce Center

18200 Prairie Star Parkway

College Crossing Business Park - Building L

13420 Santa Fe Trail Dr

8200-8248 Marshall Drive

10000 Marshall Drive

10645 Lackman Rd

8150 Monticello Terrace

14550-14560 W 99th Street

88th & Renner Blvd

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