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    2817 SE California Ave Topeka, KS 66605

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    For Sale
    $1,895,000

    Burger King NNN lease with 11.8 years remaining.

    Property size:
    3,254 SF
    Lot size:
    0.85 Acres

    Property Features for 2817 SE California Ave

    General Information

    Size
    3,254 SF
    Lot size
    0.85 Acres

    Source: Matthews Real Estate Investment Services | San Diego Agent Christopher Filips

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burger King NNN Lease

    This property is a Burger King quick-service restaurant, established in 1954 with over 15,000 locations across more than 100 countries. The property operates under an absolute triple-net (NNN) lease, with the tenant responsible for all property-related expenses. The lease offers approximately 11.8 years of remaining primary term. Positioned on approximately 0.85 acres along SE California Avenue, the site experiences traffic volumes of approximately 12,500 vehicles per day. The surrounding trade area includes approximately 44,434 households within a five-mile radius. The property is located near Highland Park High School, which enrolls approximately 850 students. The asset benefits from its placement within a dense retail corridor featuring a strong mix of national tenants, including Walmart Supercenter, Dillons, Ace Hardware, Chipotle, McDonald’s, Arby’s, Dollar Tree, AutoZone, and O’Reilly Auto Parts.
    Insight Report Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6520576
    Latitude
    39.0165494

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    FAQs

    What type of property is this?
    Drive through restaurant - Burger King NNN lease with 11.8 years remaining.
    Where is this drive through restaurant located?
    The property is located at 2817 SE California Ave Topeka, KS.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease Structure: Enjoy fully passive income with tenant covering all property expenses.; - Long-Term Income Stream: Benefit from approximately 11.8 years of remaining lease term with a nationally recognized tenant.; - Global QSR Brand Recognition: Leased to Burger King, a globally recognized quick-service restaurant.
    (619) 694-9902
    Request Owner's contact information
    2817 SE California Ave Topeka, KS 66605
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    Topeka, KS 66605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2817 SE California Ave Topeka, KS 66605
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