Commercial Real Estate Market in Lenexa, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
107 active listings and 1,673 off-market properties in Lenexa, KS. Commercial property asks $252/SF to buy (based on 8 listings) and $8.75/SF/Yr to lease (based on 7 listings).
Market Trends
Lenexa, KS spans 103.5 square miles in Johnson County, Kansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lenexa, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Lenexa, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Lenexa, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Lenexa, KS has a median asking sale price of $252/SF (based on 5 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.8%
- Industrial 19.3%
- Commercial 6.4%
- Mixed use 0.9%
- Planned_development 0.7%
Largest Zones share of zoned land by district
Lenexa, KS zones 18,502 acres across 22 districts. Commercial zoning covers 6.4% of zoned land, residential 72.8% and industrial 19.3%. The largest single district is Residential Single Family District at 28.2%. For commercial buyers the practical constraint is that only 25.7% of land carries a commercial or industrial designation.
AG, R-1 or RE be accompanied by a concept or preliminary plan. A developer can save both time and money by not having to duplicate the public meeting process for a rezoning application and preliminary plan application. However, the decision to rezone a parcel of land is based, among other considerations, on the merits of the proposed use, compatibility with…
Market overview
Demographics & Economy
Lenexa, KS has 196,231 residents in 82,902 households. Density runs 1,896 people per square mile. Median household income here is $107,972 and median gross rent $1,372 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Lenexa?
How much does it cost to lease commercial space in Lenexa?
What zoning applies to commercial property in Lenexa?
Where does Realmo's Lenexa market data come from?
Methodology & data sources
- Asking prices and medians
- There are 23 active for-sale and 84 active for-lease listings in Lenexa, KS. The medians are based on 8 of the for-sale and 7 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 18,502 zoned acres across 22 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
