Class A Office
For Lease
$21 SF/Yr
245 N Waco Street, Wichita, KS 67202
Premium riverfront office building in downtown Wichita, Kansas.
Space Size2,804 SF - 8,425 SF
Property Size184,570 SF
Days on Market213
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 usSuite 160 $21/SF/Yr
Size
5,772 SF
Term
Negotiable
Suite 230 $21/SF/Yr
Size
2,804 SF
Term
Negotiable
Suite 330 $21/SF/Yr
Size
8,425 SF
Type
Office Building
Term
Negotiable
Listed By:
Patrick Ahern, SIOR, CCIM
(316) 847-4914
Source:
Naimartens
Added: Mar 6
Changed: Oct 4
Last Checked: Oct 4 at 7:29AM
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 is situated on the Arkansas River, northwest of Wichita’s Central Business District. Its location offers visibility and benefits from $30 million in riverfront investments, including a new river promenade and enhancements to walkways adjacent to the building. Constructed in 1983, the building features a limestone clad curtain wall of concrete and glass panels. The mechanical rooms and common areas are in pristine condition. Updates include granite lobby floors, modernized elevators, fire and safety systems, an access system, and energy savings devices. It is located minutes from US Highway 54/400 and 20 minutes from any destination in the city. The property features an operating cafeteria and conference center on the garden level. The building provides a high-quality office environment. It has 230 surface parking spaces and 451 covered parking garage spaces. The building has excellent internet connectivity and generator backup power. The property is a Class A building with high-quality co-tenants and 93% occupancy.
Key Highlights
- Premium riverfront location near downtown Wichita with high visibility.
- Class A building offering a high‑quality office environment.
- High occupancy rate (93%) indicates strong tenant demand.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /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
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Market
Lease Benchmarks for Wichita, KS
$12.69 /SF/Yr
Avg Asking Price
$9.95–$14 /SF/Yr
Price Range
17,749 SF
Avg Space Size
This space is priced 65% above the average of $12.69 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Premium riverfront office building in downtown Wichita, Kansas.
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 near downtown Wichita with high visibility.; Class A building offering a high‑quality office environment.; High occupancy rate (93%) indicates strong tenant demand.
