125 N Market St - Office FOR SALE
Wichita, KS 67202 |
125 N Market St
Wichita, KS 67202
HIGHLIGHTS
- An estimated 2,749 residents call our vibrant downtown home
- In the past decade, residential units have doubled and in 2018 over 300 units came online
- A recent study projects market capacity for an additional 2,000 new units to come online over the next 5 years
- 39% of the downtown population are ages 20-29 years old
- 4,108,053 sq. ft. of office space in the Central Business District with an occupany of 85%
- Cargill’s new 188,000 sq. ft. collaborative workspace houses over 850 employees
OVERVIEW
- Located in the Opportunity Zone
- 4th tallest building in Kansas
- 289 rentable parking spaces in parking garage
- Uses: retail, hotel, office and apartment
- Building Breakdown: Office Tower: 222,679 sq. ft.; Hotel: 91,464 sq. ft.; Garage: 164,260 sq. ft.
- 2020 Taxes: $161,573.64
- Tenants: New York Life, Oxford Development Holdings, LLC, Woolsey Companies, Edminston Oil and many more!
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Bank Owned Multi-Use Development Opportunity
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
222679
STORIES
19
BUILDING CLASS
B
YEAR BUILT
1963
SPRINKLERS
-
PARKING SPACES
289
LAND DETAILS
LAND ACRES
0.96 AC AC
LAND SF
41,691 SF
ZONING
-
APN/PARCEL ID
124-20-0-14-07-018.00,124-20-0-14-07-019.00,124-20-0-14-07-020.00,124-20-0-14-07-021.00,124-20-0-14-07-022.00,124-20-0-14-07-023.00,124-20-0-14-07-024.00
