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Office Units with Hardwood Floors

423 E Douglas Ave, Wichita, KS 67202

For Lease
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The suite combines open bullpen space, private offices, a conference room, kitchenette, and three restrooms.

Space Size5,035 SF
Days on Market5

Property Features for 423 E Douglas Ave

General Information

Standard status Active
Size 5,035 SF
Class A
Property subtype OFFICE
Lease Type NNN

Space & Availability

Space Use Office
Private Offices 6
Meeting Rooms 1

Site & Location

Neighborhood Downtown

Amenities

kitchenette

Spaces For Lease

at 423 E Douglas Ave
Downtown Class-A Office $16/SF/Yr
Size 5,035 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
PROPERTY HIGHLIGHTS • Large bullpen area, six private offices, conference room, kitchenette, and three restrooms. • Original hardwood floors and original tin ceiling. • Furniture available for sale - contact broker for details. • Join building businesses: Keycentrix, Netability, WIBA and Coquetry Maison • One block from the Wichita BioMedical Campus - projected to bring 3,000 students and 200 faculty and staff to Downtown. Classes begin August 2027.
Contact us
Listing Agency: Reece Nichols South Central Kansas
Listed By: Alex Ibarra, CCIM · License KS #00243154
Source: Moodyscre
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:29AM

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 Reece Nichols South Central Kansas

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Investment Insights

Based on property information with market context.

This office suite is arranged with a large bullpen, six private offices, a conference room, a kitchenette, and three restrooms. Original hardwood flooring and a tin ceiling add period detail. Furniture is available for purchase through the broker.

Businesses in the building include Keycentrix, Netability, WIBA, and Coquetry Maison. The Wichita BioMedical Campus is one block away; its projected enrollment and staffing are 3,000 students and 200 faculty and staff, with classes scheduled to begin in August 2027.

Key Highlights

  • Six private offices, a large bullpen, conference room, kitchenette, and three restrooms
  • Original hardwood flooring and tin ceiling
  • Furniture available for purchase through the broker

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Netability Tech Support Center keycentrix (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Butcher Fish Market Pet Store

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,514
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Wichita, KS

$13.65 /SF/Yr
Avg Asking Price
$8.5–$22 /SF/Yr
Price Range
6,124 SF
Avg Space Size

This space is priced 17% above the average of $13.65 /SF/Yr.

Properties on Market for Office Units in Wichita

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The suite combines open bullpen space, private offices, a conference room, kitchenette, and three restrooms.
Where is this office unit located?
The property is located at 423 E Douglas Ave Wichita, KS.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Six private offices, a large bullpen, conference room, kitchenette, and three restrooms; Original hardwood flooring and tin ceiling; Furniture available for purchase through the broker
(316) 833-1198 Call to check price and availability
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