3301 SW Topeka Blvd - Auto Repair FOR SALE


Topeka, KS 66611- South/Southeast 1
$1,190,000 USD
214-915-8890
3301 SW Topeka Blvd, Topeka, KS for Sale
$1,190,000 USD
Auto Repair - FOR SALE
1/5
null | 6% Cap Rate

3301 SW Topeka Blvd
Topeka, KS 66611
South/Southeast 1


HIGHLIGHTS

  • 1985 Construction. 3,099+/- SF Building on 0.41+/- Acre Site
  • Guaranteed by the Largest Jiffy Lube Operator – Team Car Care East, LLC
  • Large Depreciation Benefits – The Fee Simple Lease Structure Provides Investors the Opportunity to Maximize Depreciation Benefits
  • Excellent Visibility Along Topeka’s Primary Retail Corridor – the Site Fronts SW Topeka Boulevard (20,831± VPD)
  • 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
  • Topeka, KS | Capital of Kansas & 4th Largest City in the State | Population: 232,995+

OVERVIEW

Absolute NNN Lease with ~10% Rental Increases in Primary Term and Options, and (2) 4-Year Options to Renew

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

C4

APN/PARCEL ID

146-13-0-40-01-001-000

ASK ABOUT THIS PROPERTY

Bob MoorheadSecure Net LeaseMore Info
214-915-8890

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Bob MoorheadSecure Net LeaseMore Info
214-915-8890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.