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Street-Level Retail at Heritage Square
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400 S Heritage Way, Andover, KS 67002

Street-level commercial space within Heritage Square, featuring 186 resort-style apartments and access to an active lifestyle town square.

Space Size4,900 SF
Lot Size103.00 Acres
Days on Market613

Property Features for 400 S Heritage Way

General Information

Standard status Active
Size 4,900 SF
Lot size 103.00 Acres
Property subtype RETAIL

Site & Location

Traffic Count 48,500 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 186

Amenities

walking paths
bike trails
town square

Spaces For Lease

at 400 S Heritage Way Contact us

Heritage Square

Size
4,900 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE
Located in Andover, KS - the most affluent suburb of Wichita. Active lifestyle development...
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Listing Agency: Street Commercial
Listed By: Kurt Yowell
Source: Moodyscre
Added: Jan 7, 2025 Changed: Aug 8 Last Checked: Sep 12 at 11:43AM

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 Street Commercial

Investment Insights

Based on property information with market context.

Heritage Square offers street-level commercial space as part of a larger mixed-use community that includes 186 resort-style apartments. The development is described as an active lifestyle environment with walking paths, bike trails, and a town square, supporting a built-in pedestrian-oriented setting.

The property is located in Andover, KS. The site notes daily traffic of 48,500 vehicles per day at US 400 / Hwy 54 Kellogg and Andover Road, with a traffic signal at Kellogg / Yorktown Parkway.

The overall development area is 103 +/- acres, with the commercial component totaling 42,000 square feet of street-level space.

Key Highlights

  • Heritage Square includes 186 resort‑style apartments and 42,000 SF of street‑level commercial space.
  • Located in Andover, KS, described as an affluent suburb of Wichita.
  • Development area totals 103 +/- acres.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store

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

186
Residential units
48,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 67002, KS

16,518
Population
6,006
Households
2.8
Avg Household Size
35
Median Age
50%
College-Educated
97%
High-School Grad
37.5 sq mi
ZIP Area
440
Density / Sq Mi
$105,625
Median Household Income
$53,432
Median Earnings
$1,492
Median Rent
$272,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Street-level commercial space within Heritage Square, featuring 186 resort-style apartments and access to an active lifestyle town square.
Where is this apartment building located?
The property is located at 400 S Heritage Way Andover, KS.
What are key features of this property?
This property features: Heritage Square includes 186 resort‑style apartments and 42,000 SF of street‑level commercial space.; Located in Andover, KS, described as an affluent suburb of Wichita.; Development area totals 103 +/- acres.
(316) 734-1139 Call to check price and availability
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