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    550 Rock Rd Wichita, KS 67206

    For Lease
    $14 SF/Yr

    Prime Wichita location, 2,206 sq ft available.

    Lot size:
    20,396 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail and office space, located at 550 N Rock Rd in Wichita, Kansas, offers a fantastic opportunity for businesses seeking a vibrant and established location. The property, part of the Mill Creek Village complex, boasts a total of 20,396 square feet in a Class B building constructed in 1979. Currently, a single unit of 2,206 square feet is available for lease within this multi-tenant building. The property is conveniently situated north of Central on Rock Rd, in Sedgwick County, zip code 67206. Ample parking is provided with approximately 100 stalls available for tenants and customers. The property is zoned for Limited Commercial use, ensuring a variety of business types can thrive here. The center enjoys a strong tenant mix, including Sweet Pop's, Chez Belle Salon, Roots Barber Shop, Crutch BBQ & Biscuit Co., Burnell's Creative Gold, VIP Nail Salon, and QuickStitch Alterations. A tenant improvement allowance is available for qualified tenants, making this an even more attractive proposition. This is a rare opportunity to secure a space in a well-established and thriving commercial center in a prime Wichita location. Don't miss out on this chance to establish your business in a bustling and convenient area.

    Property Features for 550 Rock Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,396 SF
    Class
    B
    Total Rate
    23795.33

    Building Details

    Year Built
    1979

    Unit(s) available at that property

    Space
    Suite 52
    Size
    2,206 SF
    Rate per SF
    $14

    HighLights

    • 2,206 SF retail/office space available for lease in Wichita, KS.
    • Located at 550 N Rock Rd in the Mill Creek Village complex.
    • Class B building (1979 construction), 20,396 total square feet.
    • Ample parking (approx. 100 stalls).
    • Limited Commercial zoning.
    • Tenant improvement allowance available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quickstitch Alterations By ... Clothing Alteration Service Chez Belle Salon, ... Beauty Salon Haskins Hair salon Barber Shop Sweet Pops Ice Cream Shop Quintons Bar & Grill Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2439717
    Latitude
    37.695368

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    FAQs

    What type of property is this?
    Retail property - Prime Wichita location, 2,206 sq ft available.
    Where is this retail property located?
    The property is located at 550 Rock Rd Wichita, KS.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 2,206 SF retail/office space available for lease in Wichita, KS.; Located at 550 N Rock Rd in the Mill Creek Village complex.; Class B building (1979 construction), 20,396 total square feet.
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    Realmo Value Estimation

    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.

    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.

    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
    550 Rock Rd Wichita, KS 67206
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