Wanamaker Crossing II Retail FOR SALE


Topeka, KS - West Southwest 2
$9,500,000 USD
816-808-2540
, Topeka, KS for Sale
$9,500,000 USD
Retail - FOR SALE
1/4
null | 7.17% Cap Rate

Wanamaker Crossing II
Topeka, KS
West Southwest 2


HIGHLIGHTS

  • High Demand Location | Concentration of compatible retailers
  • Tenant Longevity | 18.5 Year Average Tenancy
  • Diversified Tenant Base | Well distributed across uses & size
  • Exceptional Condition | Built in 2004-06 Mitigated capex risk
  • Convenient Accessibility | I-70 & I-470 proximity to Wanamaker Road
  • Attractive Economics Long-term | NNN Structure

OVERVIEW

Crossroads Real Estate Group is pleased to present the exclusive listing of Wanamaker Crossing II, a premier retail investment opportunity in Topeka, Kansas. Wanamaker Crossing II provides investors with reliable, predictable cash flow thanks to a balanced tenant roster composed of nationally recognized and strong regional operators, while featuring limited short-term rollover risk. Five buildings comprise the shopping center’s 34,353 square-feet of net-rentable area. The tenant roster’s mix of strong local and high-profile retailers including Starbucks, Jason’s Deli, On the Border, Buffalo Wild Winds, Cold Stone Creamery and regional concepts – Smallcakes and Izumi Sushi & Hibachi. Ideally situated within Topeka’s dynamic Wanamaker Road commercial corridor, the property enjoys high visibility, robust consumer traffic, and excellent accessibility near major highways. As a retail hub for the broader Topeka area, the Wanamaker Road corridor draws customers from across the city and surrounding counties. This established trade area benefits from the region’s steady population growth, expanding employment base, and concentration of national retailers.

ASK ABOUT THIS PROPERTY

Holly Larrison Mills, MAI, CCIMCrossroads Real Estate GroupMore Info
816-808-2540

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Holly Larrison Mills, MAI, CCIMCrossroads Real Estate GroupMore Info
816-808-2540

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