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New-Construction Office Suite

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

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

Space Size2,591 SF
Days on Market54

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
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, ideally positioned at the prominent southeast corner of 127th E. and Central intersection in the desirable NE Wichita corridor area near the Andover border. Recently constructed and never previously occupied, the suite is ready for tenant improvements and offers an excellent opportunity to create a customized space in a newer, high-quality development with building frontage visibility and vestibule entrance. The property benefits from strong surrounding demographics near Crestview County Club, continued residential growth and an established mix of medical, wellness and professional users. Co-tenants include Smiles Orthodontics, a long-standing Wichita practice, and Hazel & Honey Med Spa. Shared vestibule entry with Smiles Orthodontics on the south side of the building. More than 2,500 SF of dedicated space plus 50% of the shared vestibule provides a total leasable area of 2,591 SF. Zoned Limited Commercial (LC), with potential suitability for medical, dental, chiropractic, physical therapy, counseling, optometry, wellness, aesthetics, professional services, financial, insurance, legal and similar office-oriented uses, subject to zoning and applicable approvals. Offered at a newly priced competitive rate of $19.50/SF NNN with ideally a 7-year lease term. Based on the Crestpoint Owners' Association's actual 2025 expenses and the suite's 53.96% proportionate share, estimated annual expenses are approximately $6,014 for common-area maintenance, $3,676.30 for insurance, and $15,709.34 for property taxes, based on 2025 county tax figures. Tenancy is subject to the rules and regulations of both the Crestpoint Owners' Association, the Smiles Association and applicable condominium documents. Tenant to verify permitted uses and applicable restrictions. Strategically located with convenient access to K-96, US-54 and the I-35 Turnpike, offering excellent regional connectivity and easy access for clients, patients and employees throughout Wichita, NE Wichita and Andover. Let’s build out your new space today, call for a private showing or more details.
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Listing Agency: McCurdy Real Estate & Auction, LLC
Listed By: Braden R. McCurdy · License KS BR00052737
Source: Moodyscre
Added: Sep 18 Changed: Oct 26 Last Checked: Nov 8 at 5:46AM

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

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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

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

This space is priced 43% 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 - Never-occupied space offers tenant-improvement flexibility and a shared vestibule in a professional office setting.
Where is this office unit 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 · Office Call to check price and availability
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