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Investment Highlights

  • Flexible retail storefront positioned beside a newly built Casey's Gas station within a thriving college town with significant upside potential.
  • Zoned X1 for mixed-use, allowing for a wide range of potential tenants in a multi-tenant or single-tenant configuration with drive-through access.
  • Prime location positioned at a signalized intersection across the street from the Washburn University campus, providing a consistent consumer base.
  • Highly storefront location with strong local demographics, and over 128,000 residents responsible for over $2 billion in annual consumer spending.

Executive Summary

Discover Topeka Campus Center, a value-add, owner-user opportunity located at 1328–1336 Southwest 17th Street in Topeka, Kansas. The property consists of 6,442 square feet on a 0.41-acre lot and is configured into three suites: Suite 1334 (2,560 square feet), Suite 1332 (1,443 square feet), and Suite 1328 (2,440 square feet). The layout supports flexible multi-tenant or single-tenant occupancy and is suitable for a wide variety of buildouts, including restaurant, service retail, or drive-through concepts. An existing drive-thru and end-cap configuration further enhances the property’s usability for quick-service or high-volume retail operators. X1 mixed-use zoning allows for diverse uses, making it an attractive candidate for repositioning, redevelopment, or long-term occupancy.

Topeka Campus Center receives turnkey cash flow from Boost Mobile under a month-to-month lease, while also providing flexibility for future leasing strategies or redevelopment. Investors and owner-users can capitalize on a clear value-add opportunity through lease restructuring, tenant upgrades, or repositioning of the existing improvements. Positioned at a signalized intersection directly across from Washburn University, which achieved record enrollment in 2024, the property benefits from exceptional visibility and accessibility. The storefront is adjacent to a newly constructed Casey's convenience center with 12 fuel pumps, further enhancing its location within one of Topeka’s most active retail corridors. With prominent pylon and building signage, exposure to over 6,000 vehicles per day, and proximity to multifamily housing, the property captures consistent traffic and consumer activity.

The surrounding trade area includes a dense population of over 170,000 residents generating more than $2 billion in annual consumer spending, supporting long-term retail fundamentals. Additionally, the property is located near major demand drivers including the Stormont Vail Event Center, Central Park Community Center, and Interstate 70, providing excellent regional connectivity and accessibility throughout the Topeka market. Ample on-site parking and strong surrounding demographics further enhance the asset’s appeal as a high-visibility, income-producing retail opportunity with significant upside potential.

Property tours are by appointment only. Please contact the listing broker to schedule.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Topeka - KS USA

Market Cap Rate

Topeka - KS USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
6,442 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.41 AC
Parcel Number
141-01-0-10-25-010-000
Zoning
X1 - Mixed use
Parking
50 Spaces (7.11 Spaces per 1,000 SF Leased)
Frontage
134’ on 17th St

Amenities

  • Security System
  • Signage
  • Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
15,443
81,681
129,666
2020 Population
13,993
79,195
128,220
2030 Population
15,759
82,164
129,864
2025-2030 Projected Population Growth
2.0%
0.6%
0.2%
Daytime Employees
5,482
63,403
95,135
Total Businesses
785
6,506
9,269
Average Household Income
$61,820
$65,642
$75,442
Median Household Income
$48,015
$50,301
$56,207
Total Consumer Spending
$152M
$832.6M
$1.4B
Median Age
34.2
38.4
39.8
2025 Households
6,468
35,370
55,079
Percent College Degree or Above
18%
15%
16%
Average Home Value
$132,770
$158,332
$187,137

Nearby Major Retailers

Fuzzy's Taco Shop
Capitol Federal Savings Bank
Equity Bank

Sale Advisors

Sale Advisors

Grant Summers, Sales Associate
Realtors as a salesperson in August 2023. He focuses on landlord and tenant representation for leasing and buyer and tenant representation for sales. His effort spans across retail, office, industrial, land, and restaurants.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More

Auction Contact

Cheri Mascitelli
Auctioneer License: Ten-X, Inc. Arlene Richardson RE Brkr CO00002437
  • Listing ID: 40336537

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: 1328-1336 SW 17th St, Topeka, KS 66604

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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