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Property profile & analytics
FOR LEASE
Strip malls

1835 NW Topeka Blvd Topeka, KS 66608

19,200 SF 2.25 ac lot Built 1987
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US33-0040743
Property summary
AI-generated overview

This exceptional retail opportunity presents 19,200 square feet of prime commercial space within the North Valley Shopping Center, located at 1835 NW Topeka Boulevard in Topeka, Kansas. The property, a Class B strip center built in 1987, sits on a substantial 98,132 square foot lot and is zoned C-4 Commercial. Multiple tenancies are available, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 2,400 square feet. Currently, up to three spaces are available, ranging from approximately 1,200 to 3,600 square feet

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE BLOCKS
Total area 19,200 SF
Lot 2.25 ac (98,010 SF)
Zoning code C4
APN 104-20-0-20-16-001.01
UPID US33-0040743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ideus Family Dental Care Dental Office
  • Spectacle Eyewear Center Eye Care Center
  • The EyeDoctors Optometrists Eye Care Center Optometrist
  • Hong Kong Chinese Restaurant Restaurant
  • PJ's Thrift and Gift Discount Store
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
North Valley Topeka LLC A Kansas Li · 8 yrs held
North Valley Topeka LLC A Kansas Li
since 2017
2 recorded transactions
2017
Price N/A
2008
Price N/A
Zoning & alternative use
C4 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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