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494 N 127th St E Suite #300, Wichita, KS 67206

Never-occupied space offers tenant-improvement flexibility and a shared vestibule in a professional office setting.

Space Size2,591 SF
Days on Market9

Property Features for 494 N 127th St E Suite #300

General Information

Standard status Active
Size 2,591 SF
Net Rentable 2,591 SF
Property subtype OFFICE
Zoning LC
Lease Type NNN

Space & Availability

Available Space 2,591 SF
Contiguous Space 2,591 SF
Space Use Office
Condition Shell
Sublease No

Lease Terms

Lease Rate $19.50 /USD/SF/YR
Monthly Rent $4,210
Rent per SF/Year $19.50
CAM $6,014 /USD/YR
Lease Term 84 months

Additional Details

Highway Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 494 N 127th St E Suite #300 Contact us

Prime 2,544 SF new-construction suite available at Crestpoint Office Development $19.50/SF/Mo

Size
2,591 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Prime 2,544 SF new-construction suite available at Crestpoint Office Development,...
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Listing Agency: McCurdy Real Estate & Auction, LLC
Listed By: Braden R. McCurdy · License #BR00052737
Source: Moodyscre
Added: Sep 18 Changed: Sep 25 Last Checked: Sep 24 at 2:23PM

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 McCurdy Real Estate & Auction, LLC

Investment Insights

Based on property information with market context.

This newly constructed office suite has 2,544 SF of dedicated space, plus a 50% share of the common vestibule, for a total leasable area of 2,591 SF. The space has never been occupied and is available for tenant improvements. The vestibule is shared with Smiles Orthodontics; other co-tenants include Smiles Orthodontics and Hazel & Honey Med Spa. The property is zoned Limited Commercial (LC), with office-oriented uses such as medical, dental, wellness, financial, and professional services identified as potential options, subject to zoning and applicable approvals.

The building sits at the southeast corner of 127th E. and Central, in northeast Wichita near the Andover border. K-96, US-54, and the I-35 Turnpike provide regional access. Tenancy is subject to the Crestpoint Owners' Association, the Smiles Association, and applicable condominium documents.

Key Highlights

  • 2,544 SF of dedicated suite space
  • 2,591 SF total leasable area, including a 50% share of the shared vestibule
  • New construction; space has never been occupied and is available for tenant improvements

Property Analytics

Current Use

Smiles Orthodontics Dental Office Suman Gorantla, DMD, ... Dental Office

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.93 /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

Market

Lease Benchmarks for Wichita, KS

$14.08 /SF/Yr
Avg Asking Price
$8.5–$22 /SF/Yr
Price Range
7,280 SF
Avg Space Size

This space is priced 38% above the average of $14.08 /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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Never-occupied space offers tenant-improvement flexibility and a shared vestibule in a professional office setting.
Where is this office units located?
The property is located at 494 N 127th St E Suite #300 Wichita, KS.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 2,544 SF of dedicated suite space; 2,591 SF total leasable area, including a 50% share of the shared vestibule; New construction; space has never been occupied and is available for tenant improvements
(316) 867-3600 Call to check price and availability
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