O'Rourke Title Building

Off-Market

229 East William Street, Wichita, KS 67202

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  • Property Type Office - General Office
  • Property Size 34,312 SF
  • Lot Size 0.17 Acre
  • Parking Spaces Avail. 30
  • Parking Ratio 0.90 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 21 Mar, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Wichita

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Wichita Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $17.14
  • 2022 Office Vacancy Rate 9.41%
  • 2022 Office Completions (SF) 168,000
View more Wichita market trends

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Wichita, KS
  • Neighborhood Downtown Wichita
  • Zip Code 67202
  • Market Wichita

Points of Interest

  • Phillips 66

    0.31 miles

  • QuikTrip

    0.49 miles

  • QuikTrip

    0.56 miles

  • QuikTrip

    0.85 miles

  • QuikTrip

    0.96 miles

  • Phillips 66

    1.04 miles

  • Phillips 66

    1.24 miles

  • QuickTrip

    1.57 miles

  • KwikShop

    1.80 miles

  • STOP&SHOP

    2.14 miles

  • Century II Parking

    0.22 miles

  • Old Town Parking Garage

    0.52 miles

  • Lot E

    1.66 miles

  • Old CowTown Parking

    1.70 miles

  • Lot A

    1.72 miles

  • Lot D

    1.75 miles

  • Sim Memorial Park Parking

    1.78 miles

  • Wesley Medical Center Public Parking

    2.23 miles

  • Lot A

    2.38 miles

  • Lot B

    2.38 miles

  • Ambassador Hotel Wichita, Autograph Collection

    0.07 miles

  • Guild Plaza Hotel

    0.17 miles

  • Hyatt Regency Wichita

    0.33 miles

  • Fairfield Inn & Suites Wichita Downtown

    0.34 miles

  • Drury Plaza Hotel Broadview Wichita

    0.38 miles

  • Wyndham Garden Wichita Downtown

    0.45 miles

  • Hotel At WaterWalk

    0.46 miles

  • Hotel at Old Town

    0.51 miles

  • Courtyard by Marriott Wichita at Old Town

    0.57 miles

  • Trail Motel

    0.58 miles

  • Old Mill Tasty Shop

    0.28 miles

  • Subway

    0.31 miles

  • Wendy's

    0.33 miles

  • Mumbia Rail

    0.38 miles

  • Smoothie King

    0.39 miles

  • Larkspur

    0.48 miles

  • Beacon Restaurant

    0.49 miles

  • District Taqueria

    0.50 miles

  • Sabor Latin Bar & Grille

    0.50 miles

  • Playa Azul

    0.51 miles

  • Central School

    0.47 miles

  • Wichita Area Technical College - Central Center Campus

    0.48 miles

  • Saint Anthony School

    0.75 miles

  • Metro Midtown Alternative High School

    0.79 miles

  • Kellogg Science Magnet Elementary School

    0.80 miles

  • Lincoln Elementary School

    0.95 miles

  • Allison Traditional Magnet Middle School

    1.00 miles

  • Wichita West High School

    1.03 miles

  • Washington Accelerated Learning Elementary School

    1.14 miles

  • Park Elementary School

    1.15 miles

  • Child Development Center

    6.07 miles

Frequently Asked Questions

What is the total square footage of O'Rourke Title Building?

O'Rourke Title Building totals 34,312 square feet.

When was this property built?

O'Rourke Title Building was built in 1923.

When was O'Rourke Title Building last sold?

O'Rourke Title Building was last sold on 21 Mar, 2017.

What is the property tax for O'Rourke Title Building?

The property tax for O'Rourke Title Building in 2022 was $17,872.

What is the market value for O'Rourke Title Building?

The market value* for O'Rourke Title Building in 2022 was $591,420.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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