Overland Park Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Overland Park is $26.49 per square foot, 2.78% higher compared to the previous year.
  • The average sale price for office space in Overland Park is $139.31 per square foot, marking an increase of 45.87% compared to 2024.
  • The market’s vacancy rate stands at 20.10%, lower than the state average of Kansas, which is 24.76%.
  • Renting Class A/A+ office space here costs $28.88 per square foot, while Class B averages $24.33 and Class C stands at $18.25.

2025 Office Space Rent & Sales

  • $26.49 2025 Avg. Asking Rent
  • 2.78% Y-o-Y Avg. Asking Rent Change
  • 20.10% 2025 Office Vacancy Rate
  • $25.8M2025 Total Office Sales
  • $139.31Avg. Sale Price/SF

What is the average asking rent price for office space in Overland Park?

Average asking rents for office space here stand at $26.49 per square foot. The local office market recorded an average vacancy rate of 20.10% in 2025, unchanged from 20.10% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $25.8M across 4 sales. These transactions commanded an average sale price per square foot of $139.31.

Overland Park, KS Office Asking Rents by Class

What is the average office rent per square foot by property class in Overland Park?

  • Avg. Asking Rent Class A & A+$28.88
  • Avg. Asking Rent Class B$24.33
  • Avg. Asking Rent Class C$18.25

The average asking rent for Class A and A+ office space stood at $28.88 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Overland Park averaged $24.33 per square foot, while the average for Class C space was $18.25 per square foot.

What is the average office rent per square foot by property class in KS?

  • Avg. Asking Rent Class A & A+$28.51
  • Avg. Asking Rent Class B$22.58
  • Avg. Asking Rent Class C$18.17

For comparison, the average rent for Class A and A+ office space in Kansas was $28.51 per square foot. The state-wide average for Class B space was $22.58 per square foot, and Class C office spaces averaged $18.17 per square foot.

Overland Park, KS Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Overland Park was Lenexa - Shawnee at 11.96%. Meanwhile, the highest office vacancy rate in the market was 28.66%, recorded in Olathe.
Submarket Asking Rents Vacancy Rates
Overland Park $29.89 22.30%
College Boulevard $25.78 19.25%
Mission $23.44 16.60%
Lenexa - Shawnee $19.37 11.96%
Olathe $19.12 28.66%
Data provided by Yardi Research

Explore Top Office Markets in Kansas

2025 Office Sales Volume

  • $139.312025 Avg. Price per SF
  • 45.87%Y-o-Y Avg. PpSF Change
  • $25.8M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Overland Park?

Average sale prices for office space in this market recorded a +45.87% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $139.31 per square foot. For comparison, the statewide Kansas average during the same time period stood at $122.47 per square foot, while the national average was $182.48 per square foot.

Overland Park, KS Sale Price per SF Trend

  • Overland Park Avg. Sale Price per SF in 2025$139.31
  • Kansas Avg. Sale Price per SF in 2025$122.47

What was the total office sales volume in Overland Park in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $25.8M.

  • Overland Park, KS Total Office Sales Volume in 2025 $25.8M
  • Overland Park, KS Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

Office Construction in Overland Park, KS

What are the largest recent office completions in Overland Park?

The largest recent office completion here is CityPlace Corporate Centre IV at 190,380 square feet, completed in 2023. The next largest completions are Nall Corporate Centre II and Nall Corporate Centre II.

Office building Address SF Completed
CityPlace Corporate Centre IV 11350 Switzer Road, 66210 190,380 2023
13801 Metcalf Avenue 13801 Metcalf Avenue, 66223 31,128 2022
Shawnee Mission Health Medical Office 7025 College Blvd, 66211 57,000 2020
Edison Church 8029 Overland Park Drive, 66204 18,182 2020
Nall Corporate Centre II 5700 West 112th Street, 66207 150,805 2017
Nall Corporate Centre II 5700 West 112th Street, 66207 150,805 2017
6601 College Blvd 6601 College Blvd, 66211 101,241 2017
The Phoenix Building 7924 Santa Fe Drive, 66204 28,904 2008
Menorah Medical Building II 12140 Nall Avenue, 66209 59,802 2007
Southridge Medical Building 12541 Foster Street, 66213 57,844 2006
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.