For Sale
$1,350,000

2500 3Rd St Topeka, KS 66606

Class A Office, 4,549 SF, 6.80% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Class A office building, located at 2500 SW 3rd St in Topeka, Kansas, presents a compelling investment opportunity. The property boasts a total of 4,549 square feet and is currently 100% occupied under a triple net lease (NNN) agreement with a single tenant. The asking price is $1,350,000, offering a strong 6.80% capitalization rate. Situated conveniently just south of I-70 on the west side of Topeka, this well-maintained building features attractive mature landscaping and ample dedicated parking. The interior layout includes six private offices, providing flexibility for various business needs, along with an open bullpen area ideal for collaborative workspaces. Additional amenities include a welcoming lobby/reception area and a convenient kitchen/break room for employee use. The building's excellent condition and prime location in Shawnee County, zip code 66606, make it an attractive investment for discerning buyers seeking a stable, high-return property in the Topeka market. This is a single-tenancy building offering a straightforward investment strategy with minimal management complexities. The property's strong occupancy rate and favorable lease terms contribute to its overall financial appeal.

Highlights

  • $1,350,000 asking price.
  • Class A, 4,549 square foot office building.
  • Located at 2500 SW 3rd St, Topeka, KS 66606.
  • 100% occupied, single tenant.
  • 6.80% cap rate, NNN lease.
  • Executive and traditional office space.

Property Details for 2500 3Rd St

Property type
Office properties
Square Feet
4,549 SF
Class
A

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0656797
Longitude
-95.7067571
2500 3Rd St, Topeka, Kansas

FAQs

What type of property is this?
Office property - Class A Office, 4,549 SF, 6.80% Cap Rate
Where is the office property located?
The property is located at 2500 3Rd St Topeka, KS.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: $1,350,000 asking price.; Class A, 4,549 square foot office building.; Located at 2500 SW 3rd St, Topeka, KS 66606.
How can I contact the broker?
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2500 3Rd St
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