605 Highway 24 Topeka, KS 66608
This thriving 6,048 square foot retail strip center, built in 2010, presents an exceptional investment opportunity. Located in Shawnee County and zoned C-4 Commercial, the property boasts excellent visibility from Highway 24, ensuring high daily traffic counts. The center sits on a generous 3.85-acre lot and features a mix of established tenants, including AT&T Wireless and Edward Jones. Two spaces are currently available, each offering a minimum of 1,512 square feet and a maximum contiguous space of 1,512 square feet. The center is anchored by a Holiday Inn Express and a 2,484+ square foot restaurant currently occupied by Dickey's BBQ. This prime location offers a unique chance to establish a business within a well-established and successful retail environment. The property's multiple tenancy structure provides a diverse income stream and strong potential for future growth. The zoning allows for a variety of commercial uses, making it an adaptable and versatile investment. This is an ideal opportunity for businesses seeking high visibility and a strong tenant base in a busy commercial area.
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Edward Jones: Gabriel O’Shea Financial Advisor
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Edward Jones: Trimble Greta E Financial Advisor
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Edward Jones - Financial Advisor: Gabriel B O'Shea Financial Advisor
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Edward Jones - Financial Advisor: Michael D Starr Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.