Downtown Wichita Retail

Downtown Wichita

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,060
As of: January 21, 2017

Downtown Wichita Rates

On average, listings lease in the $10's per square foot per year. The Downtown Wichita submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 12% rise in rent.

Downtown Wichita Listing Supply

In the last 90 days, 25 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,060 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1954 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 Report

Trends and status of the commercial real estate market in Downtown Wichita.
Market Report

Market Data

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