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TruGreen - Topeka, KS 4115 SW Southgate Dr 10,080 SF Flex Building Topeka, KS 66609 $1,130,036 CAD ($112.11 CAD/SF) 6.89% Cap Rate



Investment Highlights
- TruGreen is the nation's largest commercial and residential lawn care company, servicing over 2.3 million customers annually across its 270+ locations
- The lease provides very limited landlord responsibilities and strong annual 3% rent escalations, making this a great opportunity for an investor.
- Rent is slightly below market, and the property is being valued at below replacement cost, making this a safe and stable investment opportunity.
- TruGreen has been operating out of this facility since 1986 and just exercised its ninth lease extension, demonstrating a long-term commitment.
- Facility is strategically located and highly accessible to I-470, I-335, and U.S. Route 75, allowing the tenant to service the entire Topeka market.
- The Facility is located in the premier industrial pocket in Topeka and is located near other notable tenants with synergy, such as Foley Equipment.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 10,080 SF TruGreen Lawncare facility in Topeka, KS. TruGreen has operated out of this facility for nearly 40 years and just exercised its 9th lease extension. With a passive net lease structure and strong 3% annual increases, this is a great bite-sized opportunity for investors looking for a reliable and hands-free industrial investment.
In Cooperation With Sands Investment Group Kansas, LLC - Lic. #CO00002897 BoR: Max Freedman - Lic. KS #241927
In Cooperation With Sands Investment Group Kansas, LLC - Lic. #CO00002897 BoR: Max Freedman - Lic. KS #241927
Property Facts
Amenities
- Signage
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- TruGreen
- Retailer
- 10,080 SF
- $7.73 CAD
- Triple Net
- Jul 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| TruGreen | Retailer | 10,080 SF | $7.73 CAD | Triple Net | Jul 2032 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 146-24-0-20-04-010-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $195,941 CAD |
Property Taxes
Parcel Number
146-24-0-20-04-010-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$195,941 CAD
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TruGreen - Topeka, KS | 4115 SW Southgate Dr
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