Most listings are in the $20's per square foot per year. The Downtown Wichita region is going through a a rise in rates. In the last 3 months, the median rate rose $23 per sqft per year.
In the last 90 days, 30 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 63% of the available leases in the Downtown Wichita are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 7,690 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1955 and are Class B.
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 residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.