Concrete Distribution Center with
713 SE 8th Ave, Topeka, KS 66607
For Sale
Contact for pricing
Industrial facility offering dock access, interstate connectivity, and I1 & I2 industrial zoning.
Property Size33,496 SF
Price / SF$26.72
Days on Market108
Property Features for 713 SE 8th Ave
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Highway Access
Additional Details
Dock-High Doors
Building Details
Year Built
Construction
Listing Agency:
Kansas Commercial Real Estate Services Inc
Listed By:
Caden Merrick · License KS #00251579
(785) 228-5305
Source:
Crexi
Added: Jul 27
Changed: Nov 5
Last Checked: Nov 10 at 8:41AM
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
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Investment Insights
Based on property information with market context.
Built in 1950, this 33,496-square-foot distribution center is a solid concrete industrial building with a 10' x 12' dock door and an exterior platform dock. The property is suited to distribution and storage functions, with a straightforward configuration for industrial operations.
Access to I-70 is available through 10th St or the Branner/Adams interchange. The facility is near downtown and carries I1 & I2 Industrial zoning, supporting its position within an established industrial setting.
Access to I-70 is available through 10th St or the Branner/Adams interchange. The facility is near downtown and carries I1 & I2 Industrial zoning, supporting its position within an established industrial setting.
Key Highlights
- 33,496‑square‑foot distribution center
- Solid concrete construction dating to 1950
- 10' x 12' dock door with exterior platform dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,194
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,143,880
$1.1M
Cap Rate 7%
$817,057
$817.1K
Cap Rate 9%
$635,489
$635.5K
Market Conditions
NOI Build-Up for 33,496 SF
Gross rent
$72.4K $2.16/SF
− Vacancy
−$5.1K −$0.15/SF
EGI
$67.3K $2.01/SF
− OpEx
−$10.1K −$0.30/SF
NOI
$57.2K $1.71/SF
Area
Topeka, KS
Vacancy
7.00%
Lease Rate
$2.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,143,880
Cap Rate 7%
$817,057
Cap Rate 9%
$635,489
Alternative Uses
Best Use
Warehouse
$817.1K
$714.9K – $953.2K
NOI $57,194 @ 7.0% cap · market cap 6.39%
Second Best
Industrial
$665.6K
$582.4K – $776.6K
NOI $46,594 @ 7.0% cap · market cap 5.21%
Theoretical Best
Self Storage
$3.78M
$3.31M – $4.41M
NOI $264,484 @ 7.0% cap · market cap 29.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Explore this area
Business Placement
Demographics for 66607, KS
10,414
Population
3,933
Households
2.6
Avg Household Size
34
Median Age
7%
College-Educated
81%
High-School Grad
7.0 sq mi
ZIP Area
1,488
Density / Sq Mi
$28,791
Median Household Income
$27,606
Median Earnings
$804
Median Rent
$45,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Distribution center - Industrial facility offering dock access, interstate connectivity, and I1 & I2 industrial zoning.
Where is this distribution center located?
The property is located at 713 SE 8th Ave Topeka, KS.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 33,496‑square‑foot distribution center; Solid concrete construction dating to 1950; 10' x 12' dock door with exterior platform dock
