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    2050 Topeka Blvd Topeka, KS 66608

    For Lease
    $8 SF/Yr

    High-traffic retail center, Topeka, KS

    Lot size:
    127,357 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Topeka Commons, located at 2050 NW Topeka Blvd, Topeka, KS 66608, presents a compelling investment opportunity. This 127,357 square foot retail power center sits on a 12.6-acre lot, strategically positioned at the intersection of Topeka Blvd and Lyman Rd in Shawnee County. Built in 1972, the property boasts 9 suites with a current vacancy of 2,100 square feet, offering immediate potential for new tenants. The center provides ample parking with 600 spaces and benefits from excellent visibility due to its location on a busy thoroughfare. Current tenants include a diverse mix of local, regional, and national businesses such as Westlake Hardware Store, Dollar General, Dollar Tree, Capitol Federal Bank, Mr. Goodcents, and Weller's Bar & Grill. The property's C4 zoning allows for a variety of retail, restaurant, and office uses. The high-traffic area surrounding Topeka Commons is home to other successful national retailers including McDonald's, Dairy Queen, Walgreens, and Wendy's, further demonstrating the strong retail potential of this location. This property offers a unique opportunity to acquire a well-established retail center in a thriving commercial area. The property features no elevators.

    Property Features for 2050 Topeka Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,357 SF
    Total Rate
    84904.67

    Building Details

    Year Built
    1972

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,100 SF
    Rate per SF
    $8
    Space
    Available Space 2
    Size
    5,943 SF
    Rate per SF
    $9
    Space
    Available Space 3
    Size
    28,485 SF
    Rate per SF
    $10
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Westlake Ace Hardware Hardware Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.663044574504
    Latitude
    39.086198002108

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, Topeka, KS
    Where is this retail property located?
    The property is located at 2050 Topeka Blvd Topeka, KS.
    What is the lease rate?
    The lease rate is $8-$10 SF/Yr.
    Request Owner's contact information
    2050 Topeka Blvd Topeka, KS 66608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2050 Topeka Blvd Topeka, KS 66608
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