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    110 Main St Wichita, KS 67202

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    For Lease
    Contact for pricing

    Prime Downtown Wichita Office Suites Available

    Lot size:
    104,260 SF

    Property Features for 110 Main St

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,260 SF
    Total Rate
    86883.33

    Spaces For Lease

    at 110 Main St, Wichita, KS 67202 Contact us
    Unit Suite 100

    $16 /Mo

    Size
    4,416 SF
    Contact us
    Unit Suite 1000

    $16 /Mo

    Size
    8,300 SF
    Contact us
    Unit Suite 500

    $16 /Mo

    Size
    5,000 SF
    Contact us
    Unit Suite 200

    $16 /Mo

    Size
    10,000 SF
    Contact us
    Unit Suite 400

    $16 /Mo

    Size
    10,000 SF
    Contact us
    Unit Suite 1050

    $16 /Mo

    Size
    1,700 SF
    Contact us
    Unit Suite 700

    $16 /Mo

    Size
    10,000 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Craig Simon, Ccim
    Craig Simon, Ccim

    Listing Agency: Landmark Commercial Real Estate Listing Agent: Craig Simon, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional office building, located at 110 S Main St in Wichita, Kansas, offers 104,260 square feet of high-touch space. The building features seven available suites ranging from 1,700 to 10,000 square feet, perfect for businesses of various sizes. Its prime downtown location provides unparalleled access to Wichita's vibrant cultural scene, including the Intrust Bank Arena, Orpheum Theatre, Delano District, Naftzger Park, Century II, and Riverfront Stadium, all within walking distance. The building's strategic proximity to Kellogg/US 54 ensures quick and easy access to the rest of the city. Ample parking is available through nearby garages, including the Market & William Parking Garage (434 spaces, 16 ADA spaces, $50/month) and the Intrust Parking Garage (400 spaces, $60/month). Metered parking is also available at Century II lots ($0.25 for 30 minutes). This property presents a unique opportunity to establish a presence in the heart of Wichita's thriving business district. The building is categorized as both Traditional and Executive Office space, offering a versatile solution for a variety of business needs. Located in Sedgwick County, this property offers a blend of convenience, prestige, and accessibility. Contact us today to learn more about leasing opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McKenzie & Associates LLC Marriage Or Relationship Counselor WAY-FM Radio Radio Station iT2 Remote Services ... Employment Agency Wichita Technology Corporation Business Service Center Main & Market Street ... Business Management Consultant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3378429
    Latitude
    37.6853792

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    FAQs

    What type of property is this?
    Office property - Prime Downtown Wichita Office Suites Available
    Where is this office property located?
    The property is located at 110 Main St Wichita, KS.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 104,260 SF of high-touch office space in seven suites ranging from 1,700 to 10,000 SF.; Prime downtown Wichita location, walking distance to Intrust Bank Arena, Orpheum Theatre, Delano District, and more.; Easy access to Kellogg/US-54 for convenient citywide access.
    (316) 204-0150 Call to check price and availability
    Request Owner's contact information
    110 Main St Wichita, KS 67202
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    Wichita, KS 67202
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Main St Wichita, KS 67202
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Craig Simon, Ccim
    Craig Simon, Ccim
    Real Estate License ID: 00228700
    (316) 204-0150 (316) 262-2442
    Learn more
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