5941 SW 17th St - Fast Food FOR SALE


Topeka, KS 66604- Southwest Topeka
$1,990,909 USD
503-307-0382
5941 SW 17th St, Topeka, KS for Sale
$1,990,909 USD
Fast Food - FOR SALE
1/3
null | 5.5% Cap Rate

5941 SW 17th St
Topeka, KS 66604
Southwest Topeka


HIGHLIGHTS

  • Property Placed in 61st Percentile by Placer.Ai | 90th Percentile in Kansas | Only Location in 15-Mi Radius
  • 2023 Construction | Rapidly Growing Brand
  • Absolute NNN Lease | No Landlord Responsibilities
  • High Traffic Counts | 26K VPD at Intersection
  • Topeka Ranked "Top Emerging Housing Market" in 2023
  • Excellent Retail Synergy | Outparcel to Wanamaker Hill Shopping Center

OVERVIEW

Northmarq Restaurant Group is pleased to offer for sale this exclusive single-tenant drive-thru Dutch Bros property located in Topeka, KS. This brand-new construction corporately guaranteed Dutch Bros features an absolute NNN lease that calls for 10% increases every 5 years in the base term and each renewal option. The property is strategically located near the intersection of SW Wanamaker Rd and SW 17th St, both which are minor arterials of Topeka. It is part of Wanamaker Square, which hosts Hobby Lobby, DSW, Old Navy, Ulta Beauty, Five Below, and PetCo as anchor tenants. The area is home to multiple shopping centers: Wanamaker Square/Hills, West Ridge Mall, West Ridge Plaza, Plaza West, and more. Other national tenants anchoring the area are Walmart Supercenter, Home Depot, Lowe’s, Sam’s Club, Best Buy, Menards, Michael’s, Target, TJ Maxx, and more – all within a 1-mile radius. The strong retail synergy is complimented by the nearby traffic-driving Plaza West Health Care Center, Topeka West High School, and 7 hotels. The one and only Dutch Bros in Topeka will benefit from a market monopoly coupled with a strong brand. This is an opportunity for the investor to capitalize on local investors' expected outlook of West Topeka, and Dutch Bros' rapidly expanding brand.

FOR SALE DETAILS

PRICE

$1,990,909 USD

PRICE/SF

$2,096 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C4

APN/PARCEL ID

142-04-0-30-07-001-010

ASK ABOUT THIS PROPERTY

Matt LipsonNorthmarqMore Info
503-307-0382

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Matt LipsonNorthmarqMore Info
503-307-0382

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