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Hooters 6100 SW 10th Ave 5,144 SF Retail Building Topeka, KS 66615 $2,500,000 ($486.00/SF) 7% Cap Rate



Investment Highlights
- 2005 Build to Suit for Hooters | 5,144-SF Building on 1.84 Acre Parcel | 13+ Years Remaining on New Absolute NNN Lease | No Landlord responsibilities
- Property Features Two Points of Ingress and Egress With Lighted Pylon Sign, Fully Lit Parking Lot and Outdoor Patio Seating
- Located in a Residential, Hotel and Retail Corridor Along I-70, a Main Traffic Thoroughfare into Downtown Topeka and On to Kansas City
- 6% Rental Increases in Base Term and in Two, 5-Year Renewal Options | Franchisee Guaranteed Lease
- High Visibility Along SW Wanamaker Rd and SW 10th Ave With Easy Access From Both Traffic Directions, Seeing a Combined 26,000+ Vehicles Per Day
- Proximity to Multiple National Tenants Including Comfort Suites, Holiday Inn Express, Hyatt, Home Depot, Walmart, Sam’s Club, Lowe’s, Menards & More
Executive Summary
13+ Years Remaining on a New Absolute NNN Lease | No Landlord Responsibilities
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,144 SF
Building Class
B
Year Built/Renovated
2005/2024
Price
$2,500,000
Price Per SF
$486.00
Cap Rate
7%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.84 AC
Zoning
CM - Commercial
Parking
30 Spaces (5.83 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 099-32-0-10-03-003-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $419,371 |
Property Taxes
Parcel Number
099-32-0-10-03-003-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$419,371
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Hooters | 6100 SW 10th Ave
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