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Property profile & analytics
OFF-MARKET
Office Spaces

550 159Th St Wichita, KS 67230

39,000 SF Built 1987
Property ID
Property summary
AI-generated overview

This exceptional 39,000 square foot Class B office building, situated in Andover's desirable submarket of Wichita, Kansas, presents a compelling investment opportunity. Constructed in 1987, this three-story building boasts a striking red brick exterior and a sophisticated dark wood interior. The property offers ample parking with 130 spaces and convenient access via Central and 159th St. E. A single elevator services all three floors. The building's multiple tenancy structure provides flexibility for various business needs. Located in Butler County, this property enjoys a prime location overlooking the Terradyne Country Club's 4.0-star Scottish Links golf course, offering a picturesque and tranquil work environment. The interior features two convenient conference rooms on the second floor, readily available for use. The building is commercially zoned, catering to a wide range of office and professional uses. This well-maintained property presents a unique opportunity to acquire a substantial office space in a highly sought-after location. The zip code is 67230.

Property profile
Verified
Property type Office Spaces
Year built 1987
Total area 39,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Medical Staff Services Inc Medical Clinic
  • Burial Insurance Plans Insurance Agency
  • Edward Jones - Financial Advisor: Matt Washburn Financial Advisor
  • Mid American Supply Corporation Auto Repair Shop
  • Jennifer Adams, LCMFT Psychotherapist
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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