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Five-Building Retail Shopping Center
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1223 SW Wanamaker Rd, Topeka, KS 66615

Five-building shopping center featuring a national and regional retail tenant mix.

Property Size34,263 SF
Price / SF$267.05
Days on Market163

Property Features for 1223 SW Wanamaker Rd

General Information

Standard status Active
Size 34,263 SF
Class B
Property subtype Retail
Occupancy 85%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $719,018

Additional Details

Highway Access Yes

Building Details

Year Built 2004
Buildings 5
Stories 1
Units 11
Tenancy Multi
Listing Agency: Crossroads Real Estate Group
Listed By: Cary Taylor · License #KS 00241193
Source: Crexi
Added: Mar 30 Changed: Aug 23 Last Checked: Sep 8 at 4:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crossroads Real Estate Group

Investment Insights

Based on property information with market context.

Wanamaker Crossing II is a five-building retail shopping center in Topeka, Kansas, offering 34,353 square feet of net-rentable area. The tenant mix includes well-known brands and strong regional concepts such as Starbucks, Jason’s Deli, On the Border, Buffalo Wild Wings, Cold Stone Creamery, Smallcakes, and Izumi Sushi & Hibachi.

The property is positioned along Wanamaker Road and is described as having high visibility, robust consumer traffic, and strong accessibility near major highways. As part of an established commercial corridor, Wanamaker Road serves as a retail destination drawing customers from across the Topeka area and surrounding counties.

For sale as an investment opportunity, Wanamaker Crossing II is presented as having limited short-term rollover risk and a balanced roster intended to support reliable, predictable cash flow.

Key Highlights

  • Five‑building shopping center with 34,353 sq ft of net‑rentable area
  • Retail tenant mix includes Starbucks, Jason’s Deli, On the Border, Buffalo Wild Wings, and Cold Stone Creamery
  • Additional tenants include Smallcakes and Izumi Sushi & Hibachi

Property Analytics

Current Use

AAA Topeka Travel Agency Kansas Army National ... Military Recruiting Office Smallcakes Topeka Bakery Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Dental Office Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
877k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Superstores 31% Shops & Services 12% Apparel 11%
Walmart Superstores
152,409 visits/mo 0.4 miles
Sam's Club Superstores
115,528 visits/mo 0.3 miles
Chick-fil-A Dining
56,491 visits/mo 0.5 miles
Academy Sports + Outdoors Apparel
54,532 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
41,895 visits/mo 0.2 miles

Demographics for 66615, KS

3,500
Population
1,566
Households
2.2
Avg Household Size
45
Median Age
46%
College-Educated
99%
High-School Grad
44.9 sq mi
ZIP Area
78
Density / Sq Mi
$89,500
Median Household Income
$50,978
Median Earnings
$1,294
Median Rent
$272,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Wanamaker Square 1740 SW Wanamaker Rd, Topeka, KS 66604
  • Shawnee county dmv 5938 SW 17th St SUITE 400, Topeka, KS 66604

Frequently Asked Questions

What type of property is this?
Shopping center - Five-building shopping center featuring a national and regional retail tenant mix.
Where is this shopping center located?
The property is located at 1223 SW Wanamaker Rd Topeka, KS.
What is the asking price?
The asking price for this property is $9,150,000.
What are key features of this property?
This property features: Five‑building shopping center with 34,353 sq ft of net‑rentable area; Retail tenant mix includes Starbucks, Jason’s Deli, On the Border, Buffalo Wild Wings, and Cold Stone Creamery; Additional tenants include Smallcakes and Izumi Sushi & Hibachi
(312) 804-3822 Call to check price and availability
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