Class A Office
For Lease
$225 SF/Yr
245 N Waco Street, Wichita, KS 67202
Premium riverfront office building with high-quality amenities and connectivity.
Space Size5,015 SF
Property Size272,278 SF
Days on Market293
Property Features for 245 N Waco Street
General Information
Standard status
Active
Size
5,015 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
272,278 SF
Year Built
1983
Spaces For Lease
at 245 N Waco Street Contact us- Size
- 5,015 SF
- Term
- Negotiable
245 N Waco Street $225 – $575/SF/Yr
Listed By:
Patrick Ahern, SIOR, CCIM
(316) 847-4914
Source:
Naimartens
Added: Nov 21, 2025
Changed: Sep 4
Last Checked: Sep 9 at 5:58AM
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$33.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Wichita, KS
$43.92 /SF/Yr
Avg Asking Price
$9.95–$225 /SF/Yr
Price Range
23,642 SF
Avg Space Size
This space is priced 412% above the average of $43.92 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 $225 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.
