Office Rental Market
- $26.67 2019 Avg. Asking Rent
- 6.82 % 2019 Avg. Vacancy Rate
- 50,000 2019 Office Completions (Sqft)
- 0 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Leawood Class A Office Buildings$29.76
- Leawood Class B Office Buildings$21.80
- Leawood Class C Office Buildings$18.00
- KS Class A Office Buildings$25.81
- KS Class B Office Buildings$20.56
- KS Class C Office Buildings$16.57
Leawood, KS Office Asking Rents by Class
Office asking rents vary across the Leawood office market depending on several factors, one of which is property class. While rents for Class A office buildings in Leawood averaged $29.76 per square foot in 2019, Class B office properties garnered average rental rates of $21.80 per square foot. Rental rates for Class C office property in Leawood averaged $18.00 per square foot. On a statewide level, Class B office space rents averaged $20.56 per square foot, while rents for Class A office space across Kansas averaged $25.81 per square foot. On average, Class C office properties in Kansas commanded rents of $16.57 per square foot.
OFFICE CONSTRUCTION IN Leawood, KS
- Leawood, KS Total Sqft completed in 2019 50,000
- Leawood, KS Total Sqft under construction in 2020 0
Building name | Address | Total Sqft | Year built |
---|---|---|---|
11400 Tomahawk Creek Pkwy | 11400 Tomahawk Creek Pkwy, 66211 | 179,000 | 1998 |
Park Place - 11500 Ash Street | 11500 Ash Street, 66211 | 170,000 | 2012 |
Park Place - Aubrey & Becker Buildings | 11551 Ash Street, 66211 | 142,539 | 2007 |
Pinnacle Corporate Center II | 11440 Tomahawk Creek Pkwy, 66211 | 131,608 | 2002 |
8900 State Line Road | 8900 State Line Road, 66206 | 122,474 | 1971 |
Two Hallbrook Place | 11161 Overbrook Rd, 66211 | 110,409 | 2009 |
Leawood Fountain Plaza | 11100 Ash Street, 66211 | 109,000 | 1982 |
Pinnacle Corporate Center III | 11460 Tomahawk Creek Pkwy, 66211 | 105,603 | 2008 |
Leawood Office Building - 8700 State Line Road | 8700 State Line Road, 66206 | 92,000 | 1981 |
Timberlands Office Building | 4000 West 114th Street, 66211 | 91,272 | 1998 |
Office building | Address | Sqft | Completed |
---|---|---|---|
Park Place - 5100 West 115th Place | 5100 West 115th Place, 66211 | 50,000 | 2019 |
Pinnacle Corporate Center V | 4001 West 114th Street, 66211 | 66,520 | 2015 |
Park Place - 11500 Ash Street | 11500 Ash Street, 66211 | 170,000 | 2012 |
Park Place - Francis Building | 5250 West 116th Place, 66211 | 60,489 | 2011 |
Park Place - 11625 Rosewood Street | 11625 Rosewood Street, 66211 | 55,719 | 2011 |
11601 Granada Street | 11601 Granada Street, 66211 | 33,000 | 2011 |
Park Place - Gibson Building | 5251 West 116th Place, 66211 | 65,672 | 2009 |
Pinnacle Corporate Center III | 11460 Tomahawk Creek Pkwy, 66211 | 105,603 | 2008 |
10601 Mission Road | 10601 Mission Road, 66206 | 50,710 | 2008 |
4300 West 133rd Street | 4300 West 133rd Street, 66209 | 27,102 | 2008 |
Office Spaces for Rent in Kansas
See trends for nearby markets
The Leawood office market contains an inventory of 3,540,458 square feet of office space, in 47 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Leawood 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.