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Auction #
162-1 -
Interior Space:
± 39,000 SF -
Lot Size:
±5.04 acres -
Transaction Fee:
2%
Kanza Office Park
Office Property For Sale in Wichita, KS
550 North 159th Street East, Wichita, KS 67230Attention Bidders! Contact the Auction Manager for instructions on how to submit a post auction offer. This property must sell so submit your offer for the seller's consideration!
Located on the east side of Wichita, this Class A Office Building is ± 39,000 SF set on 5.56 acres overlooking the Terradyne Country Club's golf course. Built in 1987 by a church developer, the building is constructed with a striking red brick exterior, stately white columns and interior details that strongly represent the developer's craftsmanship; rich, dark oak paneling, beautiful brass hardware, and a stunning marble and quartz floor in the entryway. The property has substantial parking spaces - approximately double the required per the city code. The three-story building, just blocks from the Kansas Turnpike (I-35), is over 80% occupied with a mixture of office tenants. Due to the size of the lot, there is the opportunity for additional development on the site for future commercial uses.
Wichita, the largest city in Kansas, is located in south central portion of the state on the Arkansas River.
From the early to late 20th century, aircraft pioneers such as Clyde Cessna, "Matty" Laird, Lloyd Stearman Walter Beech, Al Mooney and Bill Lear began aircraft-manufacturing enterprises that would lead to Wichita becoming the nation's leading city in numbers of aircraft produced, and its nicknaming as the Air Capital of the World.
*This is a reserve auction
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Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Fugit & Associates, KS BR00053623
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
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ADD PROPERTY TO FAVORITES
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Wichita, KS
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Property Type: Commercial Property
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Interior Space: ± 39,000 SF
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Lot Size: ±5.04 acres
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Transaction Fee: 2%
Attention Bidders! Contact the Auction Manager for instructions on how to submit a post auction offer. This property must sell so submit your offer for the seller's consideration!
Located on the east side of Wichita, this Class A Office Building is ± 39,000 SF set on 5.56 acres overlooking the Terradyne Country Club's golf course. Built in 1987 by a church developer, the building is constructed with a striking red brick exterior, stately white columns and interior details that strongly represent the developer's craftsmanship; rich, dark oak paneling, beautiful brass hardware, and a stunning marble and quartz floor in the entryway. The property has substantial parking spaces - approximately double the required per the city code. The three-story building, just blocks from the Kansas Turnpike (I-35), is over 80% occupied with a mixture of office tenants. Due to the size of the lot, there is the opportunity for additional development on the site for future commercial uses.
Wichita, the largest city in Kansas, is located in south central portion of the state on the Arkansas River.
From the early to late 20th century, aircraft pioneers such as Clyde Cessna, "Matty" Laird, Lloyd Stearman Walter Beech, Al Mooney and Bill Lear began aircraft-manufacturing enterprises that would lead to Wichita becoming the nation's leading city in numbers of aircraft produced, and its nicknaming as the Air Capital of the World.
*This is a reserve auction
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Fugit & Associates, KS BR00053623
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.