Downtown Wichita Sublease

Downtown Wichita

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,320
As of: August 19, 2017

Downtown Wichita Rates

Most listings are in the $10's per square foot per year. The Downtown Wichita region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 21% decrease in rent.

Downtown Wichita Listing Supply

In the last 90 days, 30 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,320 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1955 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 close to 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