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3301 SW Topeka Blvd 3,099 SF Retail Building Topeka, KS 66611 $1,653,981 CAD ($533.71 CAD/SF) 6% Cap Rate
Investment Highlights
- 1985 Construction. 3,099+/- SF Building on 0.41+/- Acre Site
- Large Depreciation Benefits – The Fee Simple Lease Structure Provides Investors the Opportunity to Maximize Depreciation Benefits
- Surrounded by Many National Retailers – Next to Brand-New Chick-fil-A & Whataburger, and w/in 3 Mi. of Two Top 10 Walmart Locations in Kansas
- Guaranteed by the Largest Jiffy Lube Operator – Team Car Care East, LLC
- Excellent Visibility Along Topeka’s Primary Retail Corridor – the Site Fronts SW Topeka Boulevard (20,831± VPD)
- Topeka, KS | Capital of Kansas & 4th Largest City in the State | Population: 232,995+
Executive Summary
Absolute NNN Lease with ~10% Rental Increases in Primary Term and Options, and (2) 4-Year Options to Renew
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,099 SF
Year Built
1985
Price
$1,653,981 CAD
Price Per SF
$533.71 CAD
Cap Rate
6%
NOI
$99,239 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.41 AC
Zoning
C4
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 146-13-0-40-01-001-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $123,875 CAD |
Property Taxes
Parcel Number
146-13-0-40-01-001-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$123,875 CAD
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3301 SW Topeka Blvd
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