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New-Construction Office Suite
For Lease
$19.50 SF/Yr CAM $6,014 /USD/YR

494 N 127th St. E, Wichita, KS 67206

Unoccupied since completion, the suite can be configured through tenant improvements for an office-oriented use.

Space Size2,544 SF
Property Size4,801 SF
Days on Market46

Property Features for 494 N 127th St. E

General Information

Standard status Active
Size 2,544 SF
Net Rentable 2,544 SF
Zoning Limited Comm
Lease Type NNN

Space & Availability

Available Space 2,544 SF
Contiguous Space 2,544 SF
Divisible No
Space Use Office

Lease Terms

Lease Rate $19.50 /SF/YR
Monthly Rent $4,134
Rent per SF/Year $19.50
CAM $6,014 /YR
Lease Term 84 months

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $15,709

Building Details

Building Size 4,801 SF
Year Built 2022
Stories 1
Listing Agency: McCurdy Real Estate & Auction, LLC
Listed By: Braden McCurdy · License #BR00052737
Source: Albright-realty
Added: Sep 18 Changed: Nov 2 Last Checked: Nov 2 at 2:37AM

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

Rey
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Investment Insights

Based on property information with market context.

Available for lease in Crestpoint Office Development, this office suite was completed in 2022 and has not previously been occupied. It includes 2,544 square feet of dedicated space, plus a 50% share of the common vestibule, for 2,591 square feet of total leasable area. The space is ready for tenant improvements and has a vestibule entrance shared with Smiles Orthodontics. Zoning is Limited Commercial (LC); permitted uses and applicable restrictions are subject to verification and approval.

The property sits at the southeast corner of 127th E. and Central in Wichita, near the Andover border. K-96, US-54 and the I-35 Turnpike provide regional road access. Other occupants at the development include Smiles Orthodontics and Hazel & Honey Med Spa.

Key Highlights

  • 2,544 square feet of dedicated suite area; 2,591 square feet including the shared vestibule allocation
  • Completed in 2022 and never previously occupied
  • Limited Commercial (LC) zoning

Property Analytics

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

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
$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
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Market

Lease Benchmarks for Wichita, KS

$13.77 /SF/Yr
Avg Asking Price
$8.5–$22 /SF/Yr
Price Range
7,243 SF
Avg Space Size

This space is priced 42% above the average of $13.77 /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

Frequently Asked Questions

What type of property is this?
Office unit - Unoccupied since completion, the suite can be configured through tenant improvements for an office-oriented use.
Where is this office unit located?
The property is located at 494 N 127th St. E 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 square feet of dedicated suite area; 2,591 square feet including the shared vestibule allocation; Completed in 2022 and never previously occupied; Limited Commercial (LC) zoning
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