2900 Oakley AveTopeka, KS 66614

  • Strip malls
  • 13,284 SF
For Lease
$10.50/SF/YR View listing

Property Details for 2900 Oakley Ave

Year built
1985
Lot size
12.95 AC
Property size (Sq ft)
13,284 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
146-14-0-10-04-002.00
APU
146140100400200

Description

This exceptional retail opportunity is located within the established Brookwood Shopping Center in Topeka, Kansas. The property, a Class B building constructed in 1985, offers a total of 15,000 square feet of single-tenant space. The suite itself comprises 1,402 square feet, strategically positioned on the west side of the west building, providing excellent visibility and frontage on Oakley Street, with additional exposure on 29th Street. The space features a well-designed layout with 862 square feet on the main floor and a 540-square-foot balcony level. The balcony level includes a functional office and workroom, complete with a three-compartment sink and an additional sink. The property is electrically powered and zoned for commercial use. This location benefits from its proximity to other successful, long-term tenants, including The Linen Tree & Company, Prairie Trading, Tequilas Mexican Restaurant, and Burger Stand Gourmet Burger Restaurant, creating a vibrant and established commercial environment. The address is 2900 Oakley, Suite N, Topeka, KS 66614. This property presents a compelling investment opportunity for businesses seeking a high-visibility location in a thriving Topeka retail center. The property is conveniently located and offers excellent access for customers and employees. The existing tenant mix provides a strong foundation for continued success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,390,022
    6.5%
    $3,129,250
    7%
    $2,905,733
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,394,516
    Geo Method
    $2,394,516
  • Alternative Use

    Use
    Valuation
    Residential
    $2,639,640
    Hospitality
    $2,417,896
    Educational
    $2,011,661
    Medical
    $2,080,845
    Retail
    $3,129,250

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0141
Longitude
-95.7139
CBSA code
45820
CBSA name
TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$327,292
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