Cap Rate
9.18%
Tot. SF
18,690
406 SE 45th St, Topeka, KS, 66609
• Value-add disposition opportunity with an existing ± 7,000 gross square foot concrete pad ready for expansion , plus additional land for future use.
• Trade area fundamentals include ± 8.38 SF per capita and $62,000 median household income within a 5-mile radius.
• No new developments within 5 miles help limit near-term competitive supply.
• Economic occupancy of 58% provides meaningful lease-up and income growth potential.
• Significant recent capex has been completed, potentially reducing immediate capital needs for new ownership.


