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Property profile & analytics
OFF-MARKET
Office Spaces

494 127Th St Wichita, KS 67206

Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 38,550 square foot property at 494 N 127th St E in Wichita, Kansas, offers a unique opportunity for medical or executive office tenants. Built in 2022, this single-story building is situated on a sizable lot and features approximately 2,700 square feet of available cold-shell space. The property boasts a highly desirable location, providing quick access to major thoroughfares including I-35, K-96, and Kellogg. Its corner location ensures high visibility and accessibility. The surrounding area demonstrates strong demographics, with an average household income of $139,445, indicating a high-demand market for premium office space. The property is zoned for Limited Commercial use, making it ideal for a variety of professional businesses. A lease rate of $26.50 per square foot NNN is offered, along with a generous tenant improvement allowance of $40.00 per square foot. This presents a compelling opportunity to establish a thriving business in a prime Wichita location. The property is located in Sedgwick County, Kansas, with a zip code of 67206. This is a single building, multiple tenancy property.

Property profile
Verified
Property type Office Spaces
Year built 2022
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
  • Smiles Orthodontics Dental Office
  • Suman Gorantla, DMD, MPH, MDS Dental Office
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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