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Class A Office Building
For Lease
$21 SF/Yr

245 N Waco Street, Wichita, KS 67202

Premium riverfront office building with high-quality amenities and connectivity.

Space Size2,804 SF - 8,425 SF
Property Size184,570 SF
Days on Market284

Property Features for 245 N Waco Street

General Information

Standard status Active
Size 2,804 SF - 8,425 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 184,570 SF

Spaces For Lease

at 245 N Waco Street Contact us

Suite 160 $21/SF/Yr

Size
5,772 SF
Term
Negotiable
Contact us

Suite 230 $21/SF/Yr

Size
2,804 SF
Term
Negotiable
Contact us

Suite 330 $21/SF/Yr

Size
8,425 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Patrick Ahern, SIOR, CCIM
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 31 Last Checked: Aug 31 at 2:00PM

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 Patrick Ahern, SIOR, CCIM

Investment Insights

Based on property information with market context.

The Farm Credit Bank Building, situated on the Arkansas River northwest of Wichita's Central Business District, offers convenient access to US Highway 54/400 and is within 20 minutes of any city destination. Its location benefits from $30 million in riverfront investments, including a new river promenade and walkway enhancements. Constructed in 1983, the building features an iconic exterior design with a limestone-clad curtain wall of concrete and glass panels. The mechanical rooms and common areas are in pristine condition. Extensive updates include granite lobby floors, modernized elevators, fire and safety systems, an access system, and energy-saving devices. The property includes an operating cafeteria and conference center on the garden level. It provides a high-quality office environment with excellent internet connectivity and generator backup power. Parking includes 230 surface spaces and 451 covered garage spaces. The building has a 93% occupancy rate and a total property size of 184570 square feet.

Key Highlights

  • Premium riverfront location in downtown Wichita with high visibility and recent riverfront investments.
  • Class A building with high‑quality office environment.
  • High occupancy rate (93%) with high‑quality co‑tenants.

Property Analytics

Current Use

FedEx Drop Box Postal Service

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,043
Businesses Nearby

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

$17.07 /SF/Yr
Avg Asking Price
$12.5–$26 /SF/Yr
Price Range
28,936 SF
Avg Space Size

This space is priced 23% above the average of $17.07 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Premium riverfront office building with high-quality amenities and connectivity.
Where is this office building located?
The property is located at 245 N Waco Street Wichita, KS.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Premium riverfront location in downtown Wichita with high visibility and recent riverfront investments.; Class A building with high‑quality office environment.; High occupancy rate (93%) with high‑quality co‑tenants.
More about this property
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