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

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

Space Size3,211 SF - 11,581 SF
Property Size68,984 SF
Days on Market72

Property Features for 123 S Market

General Information

Standard status Active
Size 3,211 SF - 11,581 SF
Property subtype Retail

Additional Details

Multifamily Units 50

Building Details

Building Size 68,984 SF
Year Built 1920
Stories 3
Tenancy Multiple

Spaces For Lease

at 123 S Market Contact us

#1 - 1st Floor

Size
11,581 SF
Type
Retail
Availability
Active
Contact us

#2 - Mezzanine

Size
3,211 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: ReeceNichols South Central Kansas
Listed By: Alex Ibarra, CCIM · License #KS 00243154
Source: Crexi
Added: Jun 29 Changed: Sep 8 Last Checked: Sep 7 at 12:36PM

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 ReeceNichols 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

$14.25 /SF/Yr
Avg Asking Price
$9–$19.5 /SF/Yr
Price Range
4,440 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 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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