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Ground-Floor Retail Suites
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123 S Market St, Wichita, KS 67202

New ground-floor retail, restaurant, and service spaces are available in a redevelopment with apartment units above.

Space Size14,792 SF
Days on Market70

Property Features for 123 S Market St

General Information

Standard status Active
Size 14,792 SF
Property subtype RETAIL

Additional Details

Multifamily Units 50

Building Details

Stories 3

Spaces For Lease

at 123 S Market St Contact us

The Roebuck Retail For Lease

Size
14,792 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE
PROPERTY HIGHLIGHTS: • New ground-floor spaces for lease at The Roebuck Building. •...
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Listing Agency: Reece Nichols South Central Kansas
Listed By: Alex Ibarra, CCIM
Source: Moodyscre
Added: Jun 29 Changed: Aug 14 Last Checked: Sep 5 at 3:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reece Nichols South Central Kansas

Investment Insights

Based on property information with market context.

New ground-floor spaces are available for lease at The Roebuck Building, part of an ongoing redevelopment. The building will include 50 apartment units across three stories, with additional storage available in the lower level.

The Roebuck Building is one block west of the under-construction Wichita BioMedical Campus. That campus is expected to bring 3,000 students and 200 faculty and staff to downtown Wichita, with classes starting August 2027. The redevelopment is anticipated to complete in Summer 2027.

The available spaces are suited to a range of retail and restaurant-style uses, along with other tenant types such as salons, as reflected in the property’s stated leasing users.

Key Highlights

  • New ground‑floor retail, restaurant, and service spaces for lease at The Roebuck Building
  • Ideal for grocery concepts, retail, restaurants, salons, and similar users
  • The Roebuck Building will include 50 apartment units across three stories

Property Analytics

Current Use

Arquan Inc Tech Support Center Aladdin Petroleum Corporation Gas Station Sterling Water System ... Water Utility Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Pet Store Pet Store & Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,332
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Hotels & Casinos 19% Shops & Services 8%
McDonald's Dining
23,980 visits/mo 0.2 miles
SONIC Drive In Dining
12,765 visits/mo 0.3 miles
Spangles Dining
8,687 visits/mo 0.4 miles
Hilton Garden Inn Hotels & Casinos
8,061 visits/mo 0.2 miles
Insomnia Cookies Dining
3,517 visits/mo 0.4 miles

Demographics for 67202, KS

2,435
Population
1,778
Households
1.4
Avg Household Size
35
Median Age
53%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,435
Density / Sq Mi
$67,892
Median Household Income
$41,160
Median Earnings
$1,039
Median Rent

Market

Lease Benchmarks for Wichita, KS

$13.59 /SF/Yr
Avg Asking Price
$9–$19 /SF/Yr
Price Range
4,965 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New ground-floor retail, restaurant, and service spaces are available in a redevelopment with apartment units above.
Where is this retail space located?
The property is located at 123 S Market St Wichita, KS.
What are key features of this property?
This property features: New ground‑floor retail, restaurant, and service spaces for lease at The Roebuck Building; Ideal for grocery concepts, retail, restaurants, salons, and similar users; The Roebuck Building will include 50 apartment units across three stories
(316) 833-1198 Call to check price and availability
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