1501 21St StTopeka, KS 66604

Property Details for 1501 21St St

Year built

1958

Lot size

2.32 AC

Property size (Sq ft)

9,700 SF

Zone code

PUD, C4

Property type

Strip malls

Property subtype

Neighborhood centers

APN

141-12-0-10-04-005.01

APU

141120100400501

Description

Washburn View Shopping Center offers a fantastic opportunity for businesses seeking a high-traffic location in Topeka, Kansas. This retail property, situated at 1501 SW 21st St, boasts a total of 14,950 square feet across seven suites. Currently, 545 square feet of space is immediately available, with a minimum divisible space of 545 square feet and the potential to lease up to 14,950 contiguous square feet. The center enjoys an excellent location at the southeast corner of 21st & Burlingame Streets, offering convenient access and high visibility. Its proximity to Washburn University provides a built-in customer base, while its placement near downtown Topeka ensures a broad reach within the community. The property is in Shawnee County and has a 66604 zip code. This central location, combined with the flexible space options, makes Washburn View Shopping Center an ideal choice for a variety of retail businesses. The property benefits from high traffic counts at this key intersection, making it an attractive location for businesses seeking maximum exposure. The available space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,475,431

  6.5%

  $2,285,014

  7%

  $2,121,798

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,748,479

  Geo Method

  $1,748,479

• Alternative Use

  Use

  Valuation

  Residential

  $1,927,494

  Hospitality

  $1,765,574

  Educational

  $1,468,937

  Medical

  $1,519,456

  Retail

  $2,285,014

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0291

Longitude

-95.6961

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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