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Retail Investment Property with 8.54% Cap
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400 SW 29th Street, Topeka, KS 66611

Retail investment opportunity with an 8.54% CAP and 32,900 SF for sale.

Property Size32,900 SF
Days on Market124

Property Features for 400 SW 29th Street

General Information

Standard status Active
Size 32,900 SF
Property subtype Retail

Additional Details

Cap Rate 8.54%
Listing Agency: K1 Realty LLC
Listed By: Ken Schmanke · License #KS BR00033234
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:27PM

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 K1 Realty LLC

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with an 8.54% CAP and totals 32,900 SF. The offering is structured for investors seeking a stabilized retail asset with an identified yield metric.

The property is located at 400 SW 29th Street in Topeka, Kansas (66611).

Key Highlights

  • Retail investment for sale with an 8.54% cap rate
  • 32,900 SF retail property

Property Analytics

Current Use

ACE Cash Express Loan Service H&R Block Tax Preparation GNC (Bike/Boat/Book/etc) Store Luxury Motor Cars Car Dealership Julie Xerxes Bharucha Dental Office

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Restaurant Pharmacy Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
182k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 17% Groceries 9% Electronics 2%
McDonald's Dining
32,460 visits/mo 0.3 miles
Chick-fil-A Dining
28,713 visits/mo 0.5 miles
Taco Bell Dining
19,860 visits/mo 0.3 miles
Aldi Groceries
16,047 visits/mo 0.2 miles
Dollar Tree Shops & Services
14,451 visits/mo 0.2 miles

Demographics for 66611, KS

9,843
Population
4,814
Households
2
Avg Household Size
39
Median Age
32%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
2,983
Density / Sq Mi
$54,612
Median Household Income
$36,823
Median Earnings
$963
Median Rent
$139,100
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail investment opportunity with an 8.54% CAP and 32,900 SF for sale.
Where is this retail space located?
The property is located at 400 SW 29th Street Topeka, KS.
What are key features of this property?
This property features: Retail investment for sale with an 8.54% cap rate; 32,900 SF retail property
(785) 554-8140 Call to check price and availability
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