For Lease
$17/SF/YR

500 10Th Ave Topeka, KS 66612

Restaurant/Retail Opportunity, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 5,590 square foot single-tenant building, situated on a 15,000 square foot lot, presents a unique investment opportunity. Currently operating as a Pizza Hut, this versatile property is ideally suited for a variety of uses, including dining, retail, or clinical spaces. Boasting a prime corner location at the intersection of 10th & Topeka Blvd, it benefits from exceptional visibility and high traffic volume, with 23,500 vehicles passing daily (2022 city traffic count). The building features a large sit-down dining area and a private meeting room. Its strategic location is further enhanced by its proximity to state offices and the Capitol Building. Upcoming renovations to a nearby state office building for public events and the completion of the new KDHE building in 2024 will bring an additional 500 state workers per month, increasing foot traffic and potential clientele. The property includes 22 parking spaces and a billboard generating $1,000 monthly rent (though not mandatory for new tenants). The building is zoned C4 and located in Shawnee County. A new HVAC system will be installed by January 1, 2025. The property features 175 feet of frontage on Topeka Blvd and 75 feet on 10th Avenue. Available January 1, 2025, with a NNN lease at $17.00 per square foot, including an escalator clause. Annual property taxes are $4.23 per square foot. This is a truly remarkable opportunity in a high-growth area.

Highlights

  • Restaurant/Retail/Special Purpose building, 5,590 square feet.
  • Single-tenant occupancy.
  • 15,000 square foot lot.
  • Prime corner location at 10th & Topeka Blvd, Shawnee County.
  • 22 parking spaces.
  • NNN lease at $17.00/SF with escalator clause, available January 1, 2025.

Property Details for 500 10Th Ave

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
5,590 SF
Stories
1

Unit(s) available at that property

Space
Size
5,591 SF
Rate per SF
$17

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0476705
Longitude
-95.6816584
500 10Th Ave, Topeka, Kansas

FAQs

What type of property is this?
Specialty property - Restaurant/Retail Opportunity, High Traffic Area
Where is the specialty property located?
The property is located at 500 10Th Ave Topeka, KS.
What is the lease rate?
The lease rate is $17/SF/YR.
What are key features of this property?
This property features: Restaurant/Retail/Special Purpose building, 5,590 square feet.; Single-tenant occupancy.; 15,000 square foot lot.
How can I contact the broker?
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500 10Th Ave
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