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Class A Office/Medical Building
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494 N 127th St E, Wichita, KS 67206

Class A office/medical space with a walk-out basement, offering up to 35,000 SF for lease.

Space Size35,000 SF
Days on Market1560

Property Features for 494 N 127th St E

General Information

Standard status Active
Size 35,000 SF
Class A
Property subtype OFFICE
Zoning Limited Commercial
Lease Type NNN

Additional Details

Business Included No
Highway Access Yes

Amenities

walk-out basement

Spaces For Lease

at 494 N 127th St E Contact us

Crestpoint Office Space $22 – $24/SF/Yr

Size
35,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
2,000 to 35,000 SF Available Class A Office/Medical Use Options Include: Outparcel...
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Listing Agency: NAI Martens
Listed By: Trevor Stacy, CCIM · License #00244816
Source: Moodyscre
Added: Jun 16, 2022 Changed: Sep 7 Last Checked: Sep 21 at 11:38AM

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 NAI Martens

Investment Insights

Based on property information with market context.

This Class A office/medical building offers flexible leasing availability ranging from 2,000 to 35,000 SF. The property includes a walk-out basement and is described for office and medical use.

The property is located at 494 N 127th St E in Wichita, KS, with easy access to Kellogg, the Kansas Turnpike, and K-96. Zoning is identified as Limited Commercial.

Leasing is available, with additional options noted including outparcel sales, condominium opportunities, and build-to-suit arrangements.

Key Highlights

  • Up to 35,000 SF of Class A office/medical space available
  • Options include outparcel sales, leasing, condominium, and build‑to‑suit
  • Walk‑out basement feature

Property Analytics

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Current Use

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

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Spa & Massage Center

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

Yes
Highway access
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office/medical space with a walk-out basement, offering up to 35,000 SF for lease.
Where is this office building located?
The property is located at 494 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: Up to 35,000 SF of Class A office/medical space available; Options include outparcel sales, leasing, condominium, and build‑to‑suit; Walk‑out basement feature
(316) 613-2449 Call to check price and availability
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