This exceptional 40,500-square-foot Class A office and industrial property, located at 8400 E. 32nd St. N. in Wichita, Kansas, presents a unique opportunity. Built in 1992, this single-story building sits on a 2.65-acre lot and offers a highly adaptable floor plan perfect for various uses, including creative office, coworking, traditional office, warehouse, call center, and data center operations. The space boasts impressive 22 to 25-foot ceiling heights, ample parking with 375 spaces, and a 400-amp power supply. The layout includes conference rooms, private offices, training rooms, a large café, an open call center area, and dedicated IT server rooms/storage with an 8' x 8' overhead door. The property is conveniently located just 0.21 miles from K-96, within the North Rock Road retail corridor, providing easy access to numerous amenities, including retail shops and restaurants. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 40,500 square feet, currently entirely vacant. Zoned LI, this property offers significant potential for a variety of businesses. Utilities (gas, electric, and janitorial) are the responsibility of the tenant. A virtual tour is available online. This is a truly versatile and well-situated property ready for immediate occupancy.
The property is located at 8400 32Nd 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: Lease Rate: $16.00/SF/Year (NNN); Estimated NNN Expenses: $4.50/SF; Building Size: 40,500 SF
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8400 32Nd St Wichita, KS 67226
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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.
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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.
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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.
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8400 32Nd St Wichita, KS 67226
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8400 32Nd St, Wichita, KS
Whitney Vliet Ward
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