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

494 N 127th St. E, Wichita, KS 67206

Commercial Lease, Wichita, KS

Space Size2,591 SF
Days on Market6

Property Features for 494 N 127th St. E

General Information

Property type Commercial Lease
Property subtype Other
Zoning Limited Comm
Parking features Parking Lot
Directions Corner of 127th St. East & Central Ave
Subdivision SCKMLS
Standard status Active
APN 11623-30022066

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 29053

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2022
Floors in Building 1
Flooring type Concrete
Building materials Stucco, Stone Veneer
Roof type Flat
Listing Agency: McCurdy Real Estate & Auction, LLC
Listed By: Braden McCurdy · License #BR00052737
Added: Sep 18 Changed: Sep 22 Last Checked: Sep 23 at 6:06PM
MLS# 679502

Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2022 office suite provides 2,544 SF of dedicated space, with an additional 50% interest in the shared vestibule bringing the total leasable area to 2,591 SF. The space has never been occupied and is available for tenant improvements, allowing the interior to be configured for office-oriented operations. A vestibule entrance is shared with Smiles Orthodontics, and the development also includes Hazel & Honey Med Spa as a co-tenant.

Located at 494 N 127th St. E in Wichita, the property sits near the Andover border and offers access to K-96, US-54, and the I-35 Turnpike. The suite is zoned Limited Commercial and may accommodate medical, dental, chiropractic, physical therapy, counseling, optometry, wellness, aesthetics, financial, insurance, legal, and similar professional uses, subject to applicable approvals and restrictions. The property includes parking, public water and sewer, central air, forced-air heating, and natural gas availability.

Key Highlights

  • 2,544 SF dedicated office suite with 2,591 SF total leasable area
  • Built in 2022 and never previously occupied
  • 50% shared vestibule area with entrance alongside Smiles Orthodontics

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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

112
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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Limited Commercial-zoned suite with a shared vestibule, dedicated entrance, and tenant-improvement flexibility.
Where is this office units 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 SF dedicated office suite with 2,591 SF total leasable area; Built in 2022 and never previously occupied; 50% shared vestibule area with entrance alongside Smiles Orthodontics
More about this property
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