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Class A Office Building Shell
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354 N 127th St E, Wichita, KS 67206

Completed Building B offers customizable office space in shell condition with a planned courtyard area for breaks and meetings.

Space Size38,000 SF
Days on Market175

Property Features for 354 N 127th St E

General Information

Standard status Active
Size 38,000 SF
Class A
Property subtype OFFICE
Lease Type NNN

Amenities

courtyard space

Spaces For Lease

at 354 N 127th St E Contact us

Northeast Wichita’s Newest Class A Office Opportunity $22 – $24/SF/Yr

Size
38,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Located at the high-visibility intersection of 127th & Central, Crestpoint delivers...
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Listing Agency: Commercial Collective, LLC
Listed By: Stephanie Wise · License #00234839
Source: Moodyscre
Added: Apr 1 Changed: Sep 5 Last Checked: Sep 21 at 11:50AM

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 Commercial Collective, LLC

Investment Insights

Based on property information with market context.

Crestpoint Building B is a completed Class A office facility delivering customizable space in shell condition. Suite layouts are designed to be shaped to tenant needs, and the building includes a planned courtyard area intended for lunch breaks and walking meetings.

The property sits at the high-visibility intersection of 127th & Central and is positioned near a cluster of residential communities and major nearby institutions. The surrounding area includes more than 3,400 residential units and establishments including Crestview Country Club, Life Church, Portofino Apartments (278 units), and Crestview Apartments (348 units).

Building B is available in a range of sizes to support different occupancy requirements, with options for either leasing or ownership.

Key Highlights

  • Completed Building B offers 2,500 to 38,000+ SF of Class A office space in shell condition
  • Fully customizable office space available in shell condition for tenant customization
  • Planned courtyard area for lunch breaks and walking meetings

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Building Supply Auto Repair Shop Pharmacy

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 67206, KS

17,076
Population
8,310
Households
2.1
Avg Household Size
44
Median Age
64%
College-Educated
97%
High-School Grad
10.5 sq mi
ZIP Area
1,626
Density / Sq Mi
$85,442
Median Household Income
$58,671
Median Earnings
$1,186
Median Rent
$318,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Wichita, KS

$48.07 /SF/Yr
Avg Asking Price
$9.95–$225 /SF/Yr
Price Range
17,749 SF
Avg Space Size

This space is priced 54% below the average of $48.07 /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 - Completed Building B offers customizable office space in shell condition with a planned courtyard area for breaks and meetings.
Where is this office building located?
The property is located at 354 N 127th St E Wichita, KS.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Completed Building B offers 2,500 to 38,000+ SF of Class A office space in shell condition; Fully customizable office space available in shell condition for tenant customization; Planned courtyard area for lunch breaks and walking meetings
(316) 461-9206 Call to check price and availability
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