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    3701 Plaza Dr Topeka, KS 66609

    For Lease
    $8 SF/Yr ($17,286 /Mo)

    High-traffic retail space, 5 units available

    Lot size:
    25,930 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 25,930 square foot retail center, situated on 2.4 acres in Shawnee County, presents a compelling investment opportunity. Built in 1973, the single-story building boasts plentiful parking, including convenient front-door access. Currently, five retail spaces are available, ranging in size from 1,872 to 8,946 square feet, ideal for a variety of uses including office, service, showroom, and retail businesses. The property enjoys a prime location on SW Plaza Drive, with excellent visibility from the high-traffic SW 37th Street, just off Topeka Boulevard. Benefitting from a C4 zoning designation, the center features large showroom windows and a prominent monument sign, enhancing visibility and attracting customers. Its strategic location adjacent to multi-family housing and a Walmart ensures high foot traffic and a strong customer base. The property's single-building design simplifies management and maintenance. This is a rare opportunity to acquire a well-positioned retail center in a thriving area.

    Property Features for 3701 Plaza Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,930 SF
    Total Rate
    17286.67

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    3715
    Size
    2,736 SF
    Rate per SF
    $8
    Space
    3719
    Size
    2,232 SF
    Rate per SF
    $8
    Space
    3717
    Size
    1,944 SF
    Rate per SF
    $8
    Space
    3723
    Size
    8,946 SF
    Rate per SF
    $8
    Space
    3721
    Size
    1,872 SF
    Rate per SF
    $8

    HighLights

    • Retail shopping center totaling 25,930 square feet.
    • Single‑story building on 2.4 acres of land, built in 1973.
    • Multiple tenancies available, with five spaces currently available ranging from 1,872 to 8,946 square feet.
    • Plentiful parking, including convenient front door parking.
    • Located at 3701 SW Plaza Dr., Topeka, KS, near the intersection of SW 37th and Topeka Blvd., in Shawnee County.
    • C4 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abigail's Grill & Bar Bar & Grill

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.69150339848
    Latitude
    39.000652971167

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 5 units available
    Where is this retail property located?
    The property is located at 3701 Plaza Dr Topeka, KS.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Retail shopping center totaling 25,930 square feet.; Single-story building on 2.4 acres of land, built in 1973.; Multiple tenancies available, with five spaces currently available ranging from 1,872 to 8,946 square feet.
    Request Owner's contact information
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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
    3701 Plaza Dr Topeka, KS 66609
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