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Historic Office Complex in Wichita
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701 E Douglas Ave, Wichita, KS 67202

Four-building complex in downtown Wichita, ideal for office development.

Space Size3,609 SF - 50,000 SF
Property Size100,000 SF
Days on Market1567

Property Features for 701 E Douglas Ave

General Information

Standard status Active
Size 3,609 SF - 50,000 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 100,000 SF
Year Built 1914
Tenancy Multiple

Spaces For Lease

at 701 E Douglas Ave Contact us

1st Floor Space

Size
15,500 SF
Type
Office
Lease Type
NNN
Availability
Active
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2nd Floor Space

Size
23,683 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Express Building

Type
Office
Lease Type
NNN
Availability
Active
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Grand Termimal

Size
50,000 SF
Type
Office
Lease Type
NNN
Availability
Active
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Suite 180

Size
3,609 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Occidental Management
Listed By: Chad Stafford · License #KS 00232354
Source: Crexi
Added: May 19, 2022 Changed: Aug 31 Last Checked: Aug 26 at 4:19PM

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 Occidental Management

Investment Insights

Based on property information with market context.

This historic four-building complex is a key piece in Wichita's Downtown Development. The property is located on Douglas Avenue in the heart of downtown Wichita. The Old Town District, with over 100 restaurants, shops, theaters, galleries, museums, and businesses, is within walking distance. Intrust Bank Arena is located just to the south of the property, making this an ideal location for office development.

Key Highlights

  • Historic four‑building complex in downtown Wichita
  • Ideal location for office development
  • Walking distance to over 100 restaurants, shops, theaters, galleries, museums, and businesses in the Old Town District

Property Analytics

Current Use

Faneuil at Union Station Corporate Office Union Station Plaza Resort 750 Plus Credit ... Financial Advisor Blue Cross Health ... Insurance Agency Candy Cones Bakery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Tanning Salon Fish Market Pet Store

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

NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,454
Businesses Nearby

Demographics for 67202, KS

2,435
Population
1,778
Households
1.4
Avg Household Size
35
Median Age
53%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,435
Density / Sq Mi
$67,892
Median Household Income
$41,160
Median Earnings
$1,039
Median Rent

Market

Lease Benchmarks for Wichita, KS

$17.07 /SF/Yr
Avg Asking Price
$12.5–$26 /SF/Yr
Price Range
28,936 SF
Avg Space Size

This space is priced 14% above the average of $17.07 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Four-building complex in downtown Wichita, ideal for office development.
Where is this office building located?
The property is located at 701 E Douglas Ave 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: Historic four‑building complex in downtown Wichita; Ideal location for office development; Walking distance to over 100 restaurants, shops, theaters, galleries, museums, and businesses in the Old Town District
(316) 330-9355 Call to check price and availability
More about this property
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