Technical
Financial
Distress signals
Property profile

1500 Wanamaker Rd Topeka, KS 66604

OFF-MARKET
Turn key restaurants
Property ID
US33-1037292
3,992 SF 1.12 ac lot Built 1988
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A, 3,576 square foot Denny's restaurant is available for $1,050,000. Located at 1500 SW Wanamaker Rd in Topeka, Kansas (zip code 66604), this single-story building sits on a 1.12-acre lot within a thriving commercial corridor in Shawnee County. Boasting excellent visibility from SW Wanamaker Road and less than 0.20 miles from I-470, the property benefits from high traffic counts exceeding 20,200 vehicles daily. The building, renovated in 2021, features a prominent pole sign and enjoys strong co-tenancy with major big-box retailers and the 1 million square foot West Ridge Mall. The property is zoned PUD C-4 and is currently vacant, with an occupancy date of October 13, 2023. This is a rare opportunity to acquire a turn-key restaurant in a densely populated area with exceptional visibility and access. The lease type is NNN, and the property is offered as a value-add investment for an owner/user. The asking price equates to $293.62 per square foot. Don't miss this chance to own a piece of Topeka's thriving commercial landscape.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction FRAME
Total area 3,992 SF
Lot 1.12 ac (48,659 SF)
Zoning code PUD, C4
APN 142-04-0-20-05-002.01
UPID US33-1037292

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1500 Wanamaker Rd Topeka, KS 66604-3824
Topeka metro Census 2602 TOPEKA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
2 recorded transactions
2026
Price N/A
2025
Price N/A

Zoning & alternative use

PUD, C4 · Topeka, KS

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1500 Wanamaker Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message