Wichita Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Wichita is $19.87 per square foot, 9.57% higher compared to the previous year.
  • The average sale price for office space in Wichita is $108.42 per square foot, marking an increase of 114.28% compared to 2024.
  • The market’s vacancy rate stands at 22.62%, lower than the state average of Kansas, which is 24.76%.
  • Renting Class A/A+ office space here costs $21.42 per square foot, while Class B averages $19.70 and Class C stands at $18.17.

2025 Office Space Rent & Sales

  • $19.87 2025 Avg. Asking Rent
  • 9.57% Y-o-Y Avg. Asking Rent Change
  • 22.62% 2025 Office Vacancy Rate
  • $28.2M2025 Total Office Sales
  • $108.42Avg. Sale Price/SF

What is the average asking rent price for office space in Wichita?

Average asking rents for office space here stand at $19.87 per square foot. The local office market recorded an average vacancy rate of 22.62% in 2025, unchanged from 22.62% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $28.2M across 9 sales. These transactions commanded an average sale price per square foot of $108.42.

Wichita, KS Office Asking Rents by Class

What is the average office rent per square foot by property class in Wichita?

  • Avg. Asking Rent Class A & A+$21.42
  • Avg. Asking Rent Class B$19.70
  • Avg. Asking Rent Class C$18.17

The average asking rent for Class A and A+ office space stood at $21.42 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Wichita averaged $19.70 per square foot, while the average for Class C space was $18.17 per square foot.

What is the average office rent per square foot by property class in KS?

  • Avg. Asking Rent Class A & A+$28.51
  • Avg. Asking Rent Class B$22.58
  • Avg. Asking Rent Class C$18.17

For comparison, the average rent for Class A and A+ office space in Kansas was $28.51 per square foot. The state-wide average for Class B space was $22.58 per square foot, and Class C office spaces averaged $18.17 per square foot.

Wichita, KS Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Wichita was West Sedgwick County at 4.89%. Meanwhile, the highest office vacancy rate in the market was 19.24%, recorded in Downtown.
Submarket Asking Rents Vacancy Rates
Southeast $22.00 17.84%
Northeast $20.24 17.36%
West Sedgwick County $20.07 4.89%
Downtown $18.51 19.24%
Northwest $14.33 11.85%
Data provided by Yardi Research

Explore Top Office Markets in Kansas

2025 Office Sales Volume

  • $108.422025 Avg. Price per SF
  • $28.2M2025 Office Sales Volume
  • 92025 Number of Transactions

What is the average sale price per square foot for office space in Wichita?

Average sale prices for office space in this market recorded a +114.28% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $108.42 per square foot. For comparison, the statewide Kansas average during the same time period stood at $122.47 per square foot, while the national average was $182.48 per square foot.

Wichita, KS Sale Price per SF Trend

  • Wichita Avg. Sale Price per SF in 2025$108.42
  • Kansas Avg. Sale Price per SF in 2025$122.47

What was the total office sales volume in Wichita in 2025?

The local office market recorded 9 deals in 2025, adding up to a yearly sales volume of $28.2M.

  • Wichita, KS Total Office Sales Volume in 2025 $28.2M
  • Wichita, KS Total Number of Office Sales Closed in 2025 9
Data provided by Yardi Research

Office Construction in Wichita, KS

What are the largest recent office completions in Wichita?

The largest recent office completion here is WATERWALK PLACE at 129,384 square feet, completed in 2007. The next largest completions are The Offices at Cranbrook and Dillons Grocery Stores - Interior Suites.

Office building Address SF Completed
CLASS A OFFICE BUILDING 9758 E. 21st St. N., 67206 31,800 2017
CLASS A MEDICAL OFFICE SUITE 3931 N Ridge Rd, 67205 12,726 2017
The Offices at Cranbrook 10111 East 21st Street North, 67206 79,302 2013
Dillons Grocery Stores - Interior Suites 5500 E Harry St, 67218 75,744 2010
WATERWALK PLACE 515 S. Main St., 67202 129,384 2007
Ridgewood Medical Building 4013 N Ridge Rd, 67205 32,063 2006
6803 W. Taft St. 6803 W. Taft St., 67209 20,300 2004
11021 East 26th Street North 11021 East 26th Street North, 67226 11,995 2004
CLASS A OFFICE - NE WICHITA 3020 N. Cypress Dr., 67226 48,169 2001
CLASS A OFFICE - NE WICHITA 3020 N. Cypress Dr., 67226 48,169 2001
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.