Remodeled Office
5841 SW 29th St Topeka, KS 66614
For Sale
Contact for pricing
Office suite in a well-located building near the Wanamaker corridor with 2024 interior remodel and surface parking.
Property Size1,150 SF
Price / SF$73.91
Days on Market182
Property Features for 5841 SW 29th St
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing Agency:
Kansas Commercial Real Estate Services Inc
Listed By:
Mike Morse, SIOR · License #KS SP00046992
Source:
Crexi
Added: Jan 23
Changed: Jul 23
Last Checked: Jul 24 at 6:34PM
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 Kansas Commercial Real Estate Services Inc
Investment Insights
Based on property information with market context.
This for-sale office suite is located within a well-located office building in southwest Topeka. The space has an interior remodel completed in 2024, making it a strong option for an owner-user or an investor seeking a turn-key suite within the building.
Surface parking is available, and the property provides easy access to I-470. Monthly association fees are $325 per month.
The suite is positioned for visibility and convenience within the office building setting, supported by straightforward access from the surrounding road network.
Surface parking is available, and the property provides easy access to I-470. Monthly association fees are $325 per month.
The suite is positioned for visibility and convenience within the office building setting, supported by straightforward access from the surrounding road network.
Key Highlights
- Office suite in a well‑located office building near the Wanamaker corridor in southwest Topeka
- Interior remodel completed in 2024
- Surface parking available
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.3k | $5.52 |
| − Vacancy | −$1.1k | −$0.99 |
| EGI | $5.2k | $4.53 |
| − OpEx | −$1.3k | −$1.13 |
| NOI | $3.9k | $3.39 |
1,150 SF · lease $5.52/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$55.8K
$48.8K – $65.1K
NOI $3,904 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$129.7K
$113.5K – $151.3K
NOI $9,080 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Divine Feminine Massage
Alternative Medicine Practice
FAQs
What type of property is this?
Office units - Office suite in a well-located building near the Wanamaker corridor with 2024 interior remodel and surface parking.
Where is this office units located?
The property is located at 5841 SW 29th St Topeka, KS.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Office suite in a well‑located office building near the Wanamaker corridor in southwest Topeka; Interior remodel completed in 2024; Surface parking available
