Wichita, KS Office Overview
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 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+ space making up 26% of the market, Class B 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: 10,149,431 SF
By square footage range:
- 50k to 100k SF: 3,509,120 SF / 34.57% of total office
- 100k to 500k SF: 5,617,724 SF / 55.35% of total office
- > 1M SF: 1,022,587 SF / 10.08% of total office
By class:
- Class A: 3,478,371 SF / 34.27% of total office
- Class B: 5,871,039 SF / 57.85% of total office
- Class C: 178,055 SF / 1.75% 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 |
| The Ruffin Building at 9111 East Douglas Avenue | 9111 East Douglas Avenue, 67207 | 197,453 | 1978 |
| Cargill Protein Headquarters | 825 East Douglas Avenue, 67202 | 188,000 | 2018 |
| 901 South George Washington Blvd | 901 South George Washington Blvd, 67211 | 166,000 | 1953 |
| First National Bank Building | 105 North Main Street, 67201 | 156,000 | 1965 |
| 150 Building | 150 North Main Street, 67202 | 156,000 | 1955 |
Largest Office Properties Recently Completed
in Wichita
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Wichita State University Innovation Campus - Partnership Building 4 | NWC East 17th Street N & North Oliver Avenue, 67208 | 127,500 | 2021 |
| Wichita State University Innovation Campus - Partnership Building 7 | NWC East 17th Street N & North Oliver Avenue, 67208 | 60,000 | 2021 |
| Wichita State University Innovation Campus - Partnership Building 3 | 4305 East 21st Street North, 67208 | 98,444 | 2020 |
| Spaghetti Works District | 645 East Douglas Avenue, 67202 | 36,000 | 2019 |
| Union Station Express Building | 701 East Douglas Avenue, 67202 | 32,200 | 2019 |
| 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 |
| 3535 North Webb Road | 3535 North Webb Road, 67226 | 42,011 | 2015 |
Wichita, KS Green Office Space
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.
Frequently Asked Questions
How much does office space cost in Wichita, KS?
The average office rental rate in Wichita, KS is $13.39 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways.
What is the size of available office spaces in Wichita, KS?
The Wichita, KS office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 157,308 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Wichita, KS is 1 square feet, while the maximum rentable space on the market now is 314,616 square feet.
How do I get office space in Wichita, KS?
Start your search for office space in Wichita, KS by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Wichita, KS?
There are 260 office listings on the Wichita, KS market. See all available office spaces for rent.
Where to rent an office space in Wichita, KS?
Popular Wichita neighbourhoods with available office spaces include Downtown Wichita, Comota Industrial Park and Historic Midtown.
What other property types are available for lease in Wichita, KS?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
Wichita Demographics
Population
- Total Population389,877
- Male Population(49.2 %) 191,730
- Female Population(50.8 %) 198,147
- Median Age35.00
Income/Financial
- Average Household Income$71,340
- Median Household Income$52,620
- Median Income Under 25$28,562
- Median Income 25-44$54,124
- Median Income 45-64$63,377
- Median Income Over 65$42,487
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