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Turnkey Cashflow With Upside Potential 2 Retail Properties Online Auction Sale Topeka, KS
Investment Highlights
- Two freestanding retail properties that are occupied by Wild Side Smoke Shop and Chef's Kiss Ristorante, next to a new Casey's gas station.
- Zoned X1 for mixed-use, allowing for a wide range of potential tenants in a 1,299-square-foot vacant retail space for a value-add opportunity.
- Prime location positioned at a signalized intersection across the street from the Washburn University campus, providing a consistent consumer base.
- Highly visible 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 5,862-square-foot value-add retail investment portfolio combining 1634 Southwest Byron Avenue and 1618–1620 Southwest Washburn Avenue, in Topeka, Kansas. The offer comprises two freestanding retail buildings, currently occupied by a mix of national and local tenants. Suite 1634 is home to Wild Side Smoke Shop, a national retailer with over 100 locations and more than 20 years in operation, with an established customer base. Chef's Kiss Ristorante occupies suite 1618, a new Italian restaurant known for its elevated menu, signature cocktails, and growing local following, with a 4-star Google rating. In addition to the turnkey cash flow, the property includes a 1,299-square-foot vacant retail space, creating immediate lease-up potential. The Seller offers a 12-month guarantee on rent and NNN expenses for the vacant suite, providing investors with income stability.
Topeka Campus Center offers a modern charm, building signage, monument signage, and excellent exposure to over 6,500 vehicles per day. The center is located on a highly visible corner lot at a signalized intersection adjacent to a newly constructed Casey's convenience center with 12 fuel pumps. Tenants benefit from proximity to Washburn University, directly across the street, which recorded record enrollment in 2024, and Stormont Vail Events Center, a major driver of consistent traffic and consumer demand in the area. The local population of over 128,000 reinforces an active retail corridor that accounts for more than $2 billion in annual consumer spending.
X1 zoning allows a flexible range of retail and commercial uses, positioning it well for long-term tenant demand and adaptability. The combination of strong tenant mix and university-driven traffic creates a compelling value-add opportunity with immediate upside through lease-up, rental growth, or repositioning. With ample on-site parking, excellent accessibility, and strong visibility in one of Topeka's core retail corridors, this turnkey investment offers instant cash flow and long-term value.
Topeka Campus Center offers a modern charm, building signage, monument signage, and excellent exposure to over 6,500 vehicles per day. The center is located on a highly visible corner lot at a signalized intersection adjacent to a newly constructed Casey's convenience center with 12 fuel pumps. Tenants benefit from proximity to Washburn University, directly across the street, which recorded record enrollment in 2024, and Stormont Vail Events Center, a major driver of consistent traffic and consumer demand in the area. The local population of over 128,000 reinforces an active retail corridor that accounts for more than $2 billion in annual consumer spending.
X1 zoning allows a flexible range of retail and commercial uses, positioning it well for long-term tenant demand and adaptability. The combination of strong tenant mix and university-driven traffic creates a compelling value-add opportunity with immediate upside through lease-up, rental growth, or repositioning. With ample on-site parking, excellent accessibility, and strong visibility in one of Topeka's core retail corridors, this turnkey investment offers instant cash flow and long-term value.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Register To Bid Instructions
Market Analytics Click Here to Access
Property Facts
| Sale Condition | Auction Sale | Number of Properties | 2 |
| Type of Ownership | Fee Simple | Total Building Size | 5,862 SF |
| Sale Type | Investment | Total Land Area | 0.51 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Building Size | 5,862 SF |
| Total Land Area | 0.51 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built |
|---|---|---|---|
| 1620-1620 SW Washburn Ave, Topeka, KS 66604 | Retail | 3,411 SF | 1970 |
|
Topeka Campus Center
1618-1634 SW Washburn & 1431 SW Byron Ave, Topeka, KS 66604 |
Retail | 2,451 SF | 1988 |
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.
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Auction Contact
Cheri Mascitelli
Contact
Auctioneer License:
Ten-X, Inc. Arlene Richardson RE Brkr CO00002437
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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
Presented by
Turnkey Cashflow With Upside Potential
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