Historical Kress Building Office
224 E Douglas Ave, Wichita, KS 67202
For Lease
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Office space in historical building near new Bio Med campus.
Space Size7,659 SF - 13,354 SF
Property Size54,781 SF
Days on Market761
Property Features for 224 E Douglas Ave
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Tenancy
Spaces For Lease
at 224 E Douglas Ave Contact us1st Floor & Mezzanine Active
Size
13,354 SF
3rd Floor Active
Size
7,659 SF
4th Floor Active
Size
7,659 SF
5th Floor Active
Size
7,659 SF
Listing Agency:
RE/MAX Premier
Listed By:
Colby Reynolds · License KS SP00233068
(316) 558-2292
Source:
Crexi
Added: Oct 11, 2024
Changed: Oct 26
Last Checked: Nov 8 at 6:23AM
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 RE/MAX Premier
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Investment Insights
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Located at the intersection of Broadway and Douglas, the historical Kress building is situated one block from the new Bio Med campus and the Kansas College of Osteopathic Medicine. The building is within walking distance of Century II, Intrust Bank Arena, Wichita Old Town, and Naftzger Park. The new BioMed School, a partnership between WSU, WSU Tech, and KU, is expected to bring 3000 students and over 200 faculty members to a new $350 million campus in its first year. The Kansas College of Osteopathic Medicine will have a capacity of 680 students and over 200 staff members when fully operational. The property is available for rent as office space and office units.
Key Highlights
- Prime location at the intersection of Broadway and Douglas, near the new Bio Med campus and Kansas College of Osteopathic Medicine.
- Walking distance to key attractions: Century II, Intrust Bank Arena, Wichita Old Town, and Naftzger Park.
- Proximity to the new $350 Million BioMed campus, bringing 3000 students and 200+ faculty.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,514
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Wichita, KS
$13.65 /SF/Yr
Avg Asking Price
$8.5–$22 /SF/Yr
Price Range
6,124 SF
Avg Space Size
This space is priced 47% above the average of $13.65 /SF/Yr.
Properties on Market for Office Units in Wichita
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office space in historical building near new Bio Med campus.
Where is this office unit located?
The property is located at 224 E Douglas Ave Wichita, KS.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime location at the intersection of Broadway and Douglas, near the new Bio Med campus and Kansas College of Osteopathic Medicine.; Walking distance to key attractions: Century II, Intrust Bank Arena, Wichita Old Town, and Naftzger Park.; Proximity to the new $350 Million BioMed campus, bringing 3000 students and 200+ faculty.
