3690 Topeka Blvd Topeka, KS 66611-2373

This exceptional investment opportunity presents a 2,800 square foot Burger King located at 3690 SW Topeka Blvd, Topeka, Kansas, 66611. The property sits on a 0.87-acre lot and boasts a strong 5.75% cap rate. Built in 1974 and extensively renovated in 2017, this single-tenant, absolute triple-net (NNN) leased property offers a secure investment with minimal landlord responsibilities. The current 20-year lease, commencing May 13, 2017, and expiring May 14, 2037, has approximately 12.4 years remaining. The lease includes four 5-year renewal options and features a 7.5% rent increase every five years, starting in 2027. The tenant, Kansas King, is an experienced regional franchisee operating 36 Burger King locations. The property benefits from a high-traffic location at the signalized intersection of SW 37th St and SW Topeka Blvd, with a combined 31,000+ vehicles per day. Its proximity to I-470 further enhances its visibility and accessibility. The surrounding area is a mix of industrial, retail, and residential properties, serving a population of 51,787 households within a 5-mile radius. Topeka, the capital of Kansas, offers a stable market for this type of investment. This is a rare opportunity to acquire a well-performing, established fast-food property with significant long-term growth potential.