Olathe, KS
Commercial Real Estate Market Trends & Data

$243 Avg asking sale price
$31 Avg asking lease rate
36,787 SF Avg unit lease size
39,791 SF Avg building size for sale
6.85% Average cap rate

Olathe's Demographic Profile

Olathe has 52,108 households and a median income of $101,567, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 146,672
# Households 52,108
Median age 38
Median household income $101,567
Avg household size 3.0
Renter-occupied housing units 14,528
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Olathe, KS

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Olathe $174 34,046 SF 8.00%
Lenexa $187 27,965 SF 8.00%
Shawnee Mission $182 29,253 SF 8.18%
Overland Park $196 25,616 SF 8.18%
Shawnee $240 31,558 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Olathe $133 67,106 SF 6.66%
Lenexa $132 42,068 SF 6.50%
Shawnee Mission $122 49,524 SF 6.66%
Overland Park $120 38,218 SF 6.66%
Nearby Retail Markets Avg Cost/SF Typical Size
Olathe $347 21,682 SF
Lenexa $278 19,792 SF
Shawnee Mission $230 15,633 SF
Overland Park $208 17,892 SF
Shawnee $260 19,337 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Olathe $197 111,115 SF 7.71%
Lenexa $197 87,198 SF 7.71%
Shawnee Mission $154 33,831 SF 8.78%
Overland Park $171 50,914 SF 7.25%

Commercial Properties For Sale in Olathe

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

IHOP | New 10-Yr Abs NNN

Olathe, KS 66062

  • 5,096 SF Retail Building
  • 6.50% Cap Rate
  • $1,938,400
For Sale

SW 191st Street & Ridgeview Road

Spring Hill, KS 66083

  • 8.74 AC Lot
  • 1 Commercial Lot
  • $1,395,000
For Sale

115-125 E Park St

Olathe, KS 66061

  • 2,750 SF Office Building
  • $425,000
For Sale

Sonic Drive-In | Shawnee, KS

Shawnee, KS 66227

  • 1,573 SF Retail Building
  • 6.00% Cap Rate
  • $1,021,467
For Sale

10841 W 87th St

Overland Park, KS 66214

  • 5,000 SF Office Building
  • 7.47% Cap Rate
  • $499,000
For Sale

Lindenwood Business Park Bldg B

Olathe, KS 66062

  • 18,750 SF Industrial Building
  • $3,515,503

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Olathe pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Olathe $243 39,791 SF
Lenexa $218 29,809 SF
Shawnee Mission $194 29,324 SF

Regional Demographic Comparison

This comparison places Olathe alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Olathe or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Olathe 146,672 52,108 38 $101,567 3 14,528 4%
Lenexa 59,657 24,923 40 $97,624 2 10,774 4%
Gardner 25,321 8,820 35 $82,785 3 2,875 5%
Shawnee Mission 411,439 171,265 40 $94,274 2 62,174 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Olathe, KS and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Olathe

View All Commercial Real Estate For Sale in Olathe
Is Olathe a good market for a first-time commercial real estate investor?

Olathe offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Olathe?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Olathe. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Olathe?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Olathe. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Olathe compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Olathe. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Olathe acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Olathe, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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