1404 SW 17th St., Topeka, KS

Retail for Sale - $1,890,000 - 4,583 Sq. Ft. on 0.86 acres


Agent Info

Doug McFadden

Property Info

CIMLS#1179269
Location
  1404 SW 17th St.
  Topeka KS 66604
UpdatedJuly 31st, 2025
TypeRetail
Price$1,890,000
Building4,583 Sq. Ft.
Land0.86 acres

Property Description

As part of a larger redevelopment of this neighborhood retail center the original Kwik Shop convenience store that operated uninterrupted from 1967 through September 2024 was closed to make way for the construction of a new Casey’s. Caseys opened in March 2025.

Seller ground leased .86 acres to Casey’s who improved the site with a 4,583-sf convenience store and 5 pumps at their expense. They share the signalized intersection with Washburn University, Apartments, Hotels, and neighborhood retailers all surrounded by single family homes.


Financials

$1,890,000

5% cap

15 year term with (7) 5-year options

10% increase every 5 years

Start date 3/19/2025