Downtown Wichita Retail

Downtown Wichita

Market Report

Number of Listings
Posted in the last 90 days
27
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,550

Downtown Wichita Rates

On average, listings lease in the $20's per square foot per year. The Downtown Wichita submarket is going through a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 22% increase in rent.

Downtown Wichita Listing Supply

In the last 90 days, 245 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Downtown Wichita are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,550 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1956 and are Class B.

Downtown Wichita Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Downtown Wichita folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Wichita.
Research