Freestanding Applebee’s
5928 Southwest 17th Street, Topeka, KS 66604
For Sale
Contact for pricing
The site occupies a shopping district position near a signal-controlled intersection in Topeka.
Property Size5,056 SF
Price / SF$722.11
Days on Market15
Property Features for 5928 Southwest 17th Street
General Information
Standard status
Size
Property subtype
Financials
Asking Price
Cap Rate
Tenancy & Operations
Currently Operating
Tenant in Place
Listing Agency:
Peranich Huffman Net Lease Group
Listed By:
Harrison Warr · License TX #773332
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 5:50PM
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 Peranich Huffman Net Lease Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding Applebee’s restaurant contains 5,056 SF and is offered as a fee-simple interest. RMH Franchise Corporation has operated the location under a lease that began in March 2018 and runs through October 31, 2032. The agreement provides four 5-year renewal options, with annual rent adjustments each November based on the lesser of 1.50% or 1.25x CPI. The lease is structured as NNN, assigning the tenant responsibility for building systems, the roof, structure, parking lot, taxes, insurance, utilities, repairs and replacements. RMH Franchise Holdings, Inc. guarantees payment and performance.
The restaurant is in Topeka’s shopping district, close to the signalized junction of SW 17th St and SW Wanamaker Rd.
The restaurant is in Topeka’s shopping district, close to the signalized junction of SW 17th St and SW Wanamaker Rd.
Key Highlights
- 5,056 SF freestanding Applebee’s restaurant
- 7.36% cap rate
- Lease runs through October 31, 2032, with four 5‑year renewal options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
782k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 34%
Dining 26%
Apparel 19%
Shops & Services 16%
Walmart
Superstores
152,409 visits/mo
0.4 miles
Sam's Club
Superstores
115,528 visits/mo
0.5 miles
Kohl's
Apparel
58,113 visits/mo
0.4 miles
Chick-fil-A
Dining
56,491 visits/mo
0.2 miles
Texas Roadhouse
Dining
38,342 visits/mo
0.4 miles
Demographics for 66604, KS
22,933
Population
10,820
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
6.8 sq mi
ZIP Area
3,373
Density / Sq Mi
$59,690
Median Household Income
$39,270
Median Earnings
$1,032
Median Rent
$126,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The site occupies a shopping district position near a signal-controlled intersection in Topeka.
Where is this conventional restaurant located?
The property is located at 5928 Southwest 17th Street Topeka, KS.
What is the asking price?
The asking price for this property is $3,651,000.
What are key features of this property?
This property features: 5,056 SF freestanding Applebee’s restaurant; 7.36% cap rate; Lease runs through October 31, 2032, with four 5‑year renewal options
