High-Traffic Commercial Property for
405 South Holland Street, Wichita, KS 67209
Call to check price and availability
Commercial property in high-traffic area with diverse tenant mix.
Type:Office
Property size:
14,700 SFPrice / SF:
$163/SF- Added:
- May 19, 2026
- Days on Market:
- 12
- Last Refresh:
- May 20 at 5:01 am
Property Features for 405 South Holland Street
General Information
- Standard status
- Active
- Size
- 14,700 SF
- Property subtype
- Office
Listing agent Don Piros License #KS 00223322
Listing office Landmark Commercial Real Estate (316) 990-0606
Listing date May 19, 2026
Source Crexi
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 Landmark Commercial Real Estate
HighLights
- High Traffic Location: Situated in a highly traveled area with high traffic counts.
- Strong Mix of Tenants: Includes retail, restaurant, medical professionals, and service/specialty users.
- Excellent Ground Floor Opportunity: Ideal for an owner/operator.
- Stable Income: 2nd floor is fully leased, providing consistent revenue.
- Ground Floor Opportunity
Overview
This commercial property is located in a highly traveled area with a strong mix of retail, restaurant, medical professionals, and service/specialty users. The property benefits from high traffic counts. It offers an excellent ground floor opportunity for an owner/operator. The second floor is fully leased, providing stable income. The property size is 14700 square feet.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $294.6k | $20.04 |
| − Vacancy | −$57.4k | −$3.91 |
| EGI | $237.1k | $16.13 |
| − OpEx | −$59.3k | −$4.03 |
| NOI | $177.9k | $12.10 |
14,700 SF · lease $20.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.54M
$2.22M – $2.96M
NOI $177,858 @ 7.0% cap · market cap 7.41%
Second Best
Retail
$2.15M
$1.88M – $2.50M
NOI $150,269 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$3.64M
$3.18M – $4.25M
NOI $254,784 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
US Mortgage Corporation
Loan Service
VCD Labs
Production Facility
Vision Care Direct
Business Administration Service
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.432875
- Latitude
- 37.676355
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Commercial property in high-traffic area with diverse tenant mix.
Where is this office building located?
The property is located at 405 South Holland Street Wichita, KS.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High Traffic Location: Situated in a highly traveled area with high traffic counts.; Strong Mix of Tenants: Includes retail, restaurant, medical professionals, and service/specialty users.; Excellent Ground Floor Opportunity: Ideal for an owner/operator.
