Northeast Wichita Office
For Sale
Contact for pricing
8200 E Thorn Drive, Wichita, KS 67226
Office space available in vibrant Northeast Wichita submarket.
Property Size155,000 SF
Days on Market223
Property Features for 8200 E Thorn Drive
General Information
Standard status
Active
Size
155,000 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
155,000 SF
Properties For Sale
at 8200 E Thorn Drive Contact usSuite 100 H
Size
632 SF
Type
Office Building
Term
Negotiable
Suite 100
Size
9,495 SF
Term
Negotiable
Suite 110
Size
11,595 SF
Type
Office Building
Term
Negotiable
Suite 175
Size
4,171 SF
Type
Office Building
Term
Negotiable
Suite 185
Size
2,177 SF
Type
Office Building
Term
Negotiable
Suite 200
Size
34,759 SF
Type
Office Building
Term
Negotiable
Show more
Listed By:
Patrick Ahern, SIOR, CCIM
(316) 847-4914
Source:
Naimartens
Added: Mar 6
Changed: Oct 13
Last Checked: Oct 14 at 9:10PM
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 Patrick Ahern, SIOR, CCIM
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office space is available in the vibrant Northeast Wichita submarket, located at the northeast corner of 37th Street and Rock Road. The full-service lease rate is offered at $20-21 per square foot.
Key Highlights
- $20‑21 PSF Full Service
- Vibrant Northeast Wichita submarket
- Located at NE/c of 37th and Rock Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,875,368
Suggested Prices Based on Cap Rates
Cap Rate 5%
$37,507,360
$37.5M
Cap Rate 7%
$26,790,971
$26.8M
Cap Rate 9%
$20,837,422
$20.8M
Market Conditions
NOI Build-Up for 155,000 SF
Gross rent
$3.11M $20.04/SF
− Vacancy
−$605.7K −$3.91/SF
EGI
$2.50M $16.13/SF
− OpEx
−$625.1K −$4.03/SF
NOI
$1.88M $12.10/SF
Area
Wichita, KS
Vacancy
19.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$37,507,360
Cap Rate 7%
$26,790,971
Cap Rate 9%
$20,837,422
Alternative Uses
Best Use
Office B
$26.79M
$23.44M – $31.26M
NOI $1,875,368 @ 7.0% cap · market cap 9,376,840.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$38.38M
$33.58M – $44.77M
NOI $2,686,495 @ 7.0% cap · market cap 13,432,475.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 67226, KS
20,767
Population
9,256
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
24.7 sq mi
ZIP Area
841
Density / Sq Mi
$88,603
Median Household Income
$49,666
Median Earnings
$1,164
Median Rent
$274,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Ribbit Computers — 3433 N Rock Rd, Wichita, KS 67226
- Blazing Electronics - iPhone Repair, Buy Used Phone, Cell Phone Repair — 3411 N Rock Rd Suite 130, Wichita, KS 67226
- Ricoh USA Inc — 8200 E 34th St N Suite 1406, Wichita, KS 67226
- Allied Global — 7370 E 37th St N, Wichita, KS 67226, United States
- Haddock Corp — 8625 E 37th St N, Wichita, KS 67226
Frequently Asked Questions
What type of property is this?
Office space - Office space available in vibrant Northeast Wichita submarket.
Where is this office space located?
The property is located at 8200 E Thorn Drive Wichita, KS.
What are key features of this property?
This property features: $20‑21 PSF Full Service; Vibrant Northeast Wichita submarket; Located at NE/c of 37th and Rock Road
