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Office Space for Rent in Wichita, KS - 158 Listings

Wichita, KS - Office Market Overview

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The Wichita real estate market includes the Benjamin Hills, Deer Lake Estates, and Historic Midtown office space submarkets. With a metropolitan population of about 645,000, the economy in Wichita is largely driven by the aviation and healthcare sectors, maintaining consistent demand for white-collar office space.

As of mid-2017, the Wichita office market encompasses over 11 million square feet of existing office space in properties larger than 50,000 square feet. Located in south-central Kansas, Wichita is the state's largest city and is the primary trade center in the region.

Wichita, KS - Office Inventory Description

Nicknamed the 'Air Capital of the World' aircraft corporations such as Cessna, Mooney, and Beechcraft were all founded in Wichita. Today the aviation industry continues to be a major employer in the region, and contributes to the demand for commercial real estate in Wichita, KS. With a gross metropolitan product of nearly $31 billion annually, there is consistent demand for white-collar office space in Wichita. With Class A and A+ office space making up 26% of the market, Class B office space in Wichita adds another 71% of office product to the inventory.

One of the areas in Wichita that sees particularly demand is the Waterfront office submarket. Located along Beech Lake, north of East 13th Street North, this area is home to Class A office buildings such as 1551 North Waterfront Parkway, the Kennedy & Coe Building, and the 110,000-square-foot Lakeside at the Waterfront - 1617 North Waterfront Parkway office building.

Wichita, KS Commercial Inventory Breakdown

Office Spaces

Total: 9,847,582 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 3,435,142 SF / 34.88% of total office
  • 100k to 500k SF: 5,389,853 SF / 54.73% of total office
  • > 1M SF: 1,022,587 SF / 10.38% of total office

By class:

  • Class A: 2,954,427 SF / 30% of total office
  • Class B: 6,004,570 SF / 60.98% of total office
  • Class C: 99,524 SF / 1.01% of total office

Top 10 Largest Office Buildings

in Wichita

Office building Address Sqft Year built
Koch Headquarters 4027 East 37th Street North, 67220 1,022,587 1968
Ruffin Building 100 North Broadway Street, 67202 394,000 1974
4615 South Oliver Street 4615 South Oliver Street, 67210 314,616 1989
4555 South Oliver Street 4555 South Oliver Street, 67210 310,821 1986
Epic Center 301 North Main Street, 67202 289,154 1986
Farm Credit Bank Building 245 North Waco Avenue, 67202 257,364 1983
125 North Market Street 125 North Market Street, 67202 222,679 1963
The Ruffin Building at 9111 East Douglas Avenue 9111 East Douglas Avenue, 67207 197,453 1978
130 South Market - Renovation 130 South Market Street, 67202 195,000 n/a
Cargill Protein Headquarters 825 East Douglas Avenue, 67202 188,000 2018

Most Recently-Built Office Buildings

in Wichita

Office building Address Sqft Year built
Cargill Protein Headquarters 825 East Douglas Avenue, 67202 188,000 2018
Wichita State University Innovation Campus - Partnership Building 2 1845 North Innovation Blvd, 67208 43,284 2018
Wichita State University Innovation Campus - Experiential Engineering Building 4110 East 17th Street North, 67208 142,661 2017
Wichita State University Innovation Campus - Airbus Building 1855 Innovation Blvd, 67208 90,000 2016
Lakeside at the Waterfront - 1617 North Waterfront Pkwy 1617 North Waterfront Pkwy, 67206 110,456 2015
4105 North Ridge Road 4105 North Ridge Road, 67205 35,000 2015
Century Manufacturing Building 3351 North Webb Road, 67226 115,000 2013
The Offices at Cranbrook 10111 East 21st Street North, 67206 79,302 2013
Surgicare of Wichita 2818 North Greenwich Road, 67226 28,937 2012
Cargill Innovation Center 300 West 1st Street North, 67202 75,000 2011

Wichita, KS - Green Office Space

Employment

The development of energy-efficient, green office space property is growing each year. The 2017 National Green Building Adoption Index surveyed the top 30 major office markets in the country. Approximately 38% of the office buildings in these top markets are either green, LEED-certified or EPA Energy Star-rated.

While Wichita isn't large enough to rank among the top 30, the city has more than its share of green office space. One such example is the 130 South Market office building. Located in the Wichita Central Downtown area, this 195,000-square-foot building received its first green certification back in 2013.

Wichita, KS's Top Office-Using Sectors

As the main trade center in the region, Wichita is home to a variety of business sectors. Some of the top office-using sectors include manufacturing, healthcare, aviation, and corporate office use. This industry mix helps maintain a growing demand for Class A office space and Wichita commercial real estate.

  • Manufacturing – Roller coaster maker Chance Morgan, Coleman Company, and Dean & Deluca are all based in Wichita.
  • Healthcare – Demand for white-collar office space in Wichita is created by organizations such as the Kansas Spine Hospital, Wesley Medical Center, and Via Christi Hospital.
  • Aviation – Since the early 1900s, the aviation industry has played a significant role in Wichita, and today aircraft companies such as Cessna Aircraft, Beechcraft, Spirit AeroSystems, and Airbus along with dozens of suppliers continue to create demand for office and commercial real estate in the Wichita metro area.
  • Corporate Office – White-collar office employment is created by the numerous companies headquartered in Wichita, including Koch Industries, Cargill, and Alternative Energy Solutions.

Wichita Demographics

Population

  • Total Population389,054
  • Male Population(49.3 %) 191,987
  • Female Population(50.7 %) 197,067
  • Median Age34.50

Income/Financial

  • Average Household Income$65,938
  • Median Household Income$48,982
  • Median Income Under 25$25,184
  • Median Income 25-44$50,242
  • Median Income 45-64$59,409
  • Median Income Over 65$38,816

News

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