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    12420 K 42 Hwy Wichita, KS 67227

    For Lease
    $8 SF/Yr ($5,760 /Mo)

    Free-standing, flexible office space in Wichita, KS.

    Lot size:
    8,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 8,640 square foot free-standing office building presents a rare leasing opportunity in Wichita, Kansas. Situated on a generous 5.08-acre lot at 12420 W. K-42 Hwy, this property boasts prime visibility and convenient access to Wichita and western Sedgwick County. Built in 1995, the single-tenant building is zoned GO and features a pre-engineered steel structure with a clear span design. The high ceilings, reaching 16 feet at the peak and 11 feet at the sidewalls, offer versatile space ideal for a variety of uses. Previously utilized as a call center, this adaptable space is well-suited for light assembly/manufacturing, agricultural businesses, daycare centers, churches, general contractors, and numerous other enterprises. The expansive parking lot provides ample space for employees, customers, or even fenced storage/display areas. This property offers a unique blend of functionality, location, and flexibility, making it an attractive option for businesses seeking a prominent presence in the Wichita market. The building is categorized as a Traditional Office, Executive Office, and Coworking space.

    Property Features for 12420 K 42 Hwy

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,640 SF
    Total Rate
    5760

    Building Details

    Year Built
    1995
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    8,640 SF
    Rate per SF
    $8

    HighLights

    • 8,640 SF freestanding office building available for lease in Wichita, KS.
    • Modified gross lease at $8.00/SF.
    • Located on a 5.08‑acre lot at 12420 W. K‑42 Hwy with excellent visibility.
    • Built in 1995, with GO zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Clothing Store Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.484815543349
    Latitude
    37.612427563313

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    FAQs

    What type of property is this?
    Coworking space - Free-standing, flexible office space in Wichita, KS.
    Where is this coworking space located?
    The property is located at 12420 K 42 Hwy Wichita, KS.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 8,640 SF freestanding office building available for lease in Wichita, KS.; Modified gross lease at $8.00/SF.; Located on a 5.08-acre lot at 12420 W. K-42 Hwy with excellent visibility.
    Request Owner's contact information
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    Wichita, KS 67227
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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
    12420 K 42 Hwy Wichita, KS 67227
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