Burger King 3690 SW Topeka Blvd 2,800 SF Retail Building Topeka, KS 66611 $2,687,000 ($959.64/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Accessible along 37th St and Topeka Blvd
- Situated at the signalized intersection of SW 37th St & SW Topeka Blvd
- 51,787 households are within a 5-mile radius of the subject property
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to exclusively offer for sale a Burger King in Topeka, Kansas. 12+ Years remaining on an absolute triple-net lease (NNN) with an upcoming 7.50% rent increase in 2027. The lease features zero landlord responsibilities and four five-year renewal options.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,800 SF
Building Class
B
Year Built
1974
Price
$2,687,000
Price Per SF
$959.64
Cap Rate
6%
NOI
$161,230
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.07
Lot Size
0.96 AC
Zoning
C4 - Designed to support economic development and create vibrant commercial areas.
Parking
20 Spaces (7.14 Spaces per 1,000 SF Leased)
Frontage
130’ on Topeka Blvd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 134-18-0-30-07-002-020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $269,080 |
