Chodov / Michle is a established-tier Class A submarket of Prague with average asking rent around €252/sqm/yr · ≈ $25.3 PSF/yr USD.
Suburban business-park corridor. · Tier: established · Avg rent: €252/sqm/yr · ≈ $25.3 PSF/yr USD
Chodov and Michle anchor Prague's principal southern suburban business-park corridor — The Park (largest business park in CEE), shared services, and back-office tenancy.
Shared services, IT, BPO, back-office, logistics HQs.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Metro C (Chodov, Roztyly), bus.
Multi-modal transit captures the metro's principal professional catchment.
Westfield Chodov mall.
Chodov / Michle is one of 5 Class A submarkets we cover in Prague, classified as established tier with an average asking rent around €252/sqm/yr · ≈ $25.3 PSF/yr USD. Compared with the broader Prague Class A stock, Chodov / Michle typically attracts Shared services, IT, BPO, back-office, logistics HQs and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Chodov / Michle: Nové Město, Karlín, Smíchov, Pankrác. The full Prague submarket atlas is at /cities/prague.
For an institutional Class A occupier evaluating Chodov / Michle, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Prague Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.