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 | |
Updated | July 31st, 2025 |
Type | Retail |
Price | $1,890,000 |
Building | 4,583 Sq. Ft. |
Land | 0.86 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