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Absolute $1 Auction 15.25 AC

Topeka, KS 66614

Shawnee County, Kansas

15.25 Acres
Land Auction
March 22, 2021 1:00 PM
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Land Description

Absolute $1 Auction: 15.25 AC in Topeka, Ks

Realinsight Marketplace Online Auction Mar 22-24, 2021

Investment Highlights

Four outlot parcels totaling ±15.25 acres surrounding West Ridge super regional mall in Topeka, Kansas

Strong demographics with ±90,342 people and avg HH income of $71,220 within 5-mile radius

Flexible zoning PUD (planned unit development district)

Regions biggest trade area including ±1 Million SF mall and numerous national credit tenant anchored shopping centers

Positioned near highway interchange with traffic counts of 37,917 VPD along I-470 and 20,575 VPD along SW 21 Street

Offering Details

CBRE and RealINSIGHT Marketplace are pleased to present four outlot parcels (the “Property”) surrounding the ±1 Million SF West Ridge Mall in Topeka, Kansas. Positioned adjacent to a traffic-driving super-regional mall and numerous national credit retailers, the Property provides an investor the opportunity to acquire several outlots surrounding the submarket's dominant retail traffic driver.

The first lot adjacent to the intersection of SW Wanamaker Rd and 17th St totals ±5.06 acres. The second lot on SW 21st St on the south end of the mall totals ±5.37 acres. The two lots on SW Westridge Mall that are west of the mall total ±2.62 and ±2.2 acres, respectively. The two larger lots north and south of the mall are zoned Pud, planned unit development and the two smaller lots west of the mall are zoned R-1, single-family dwelling. The lots are located in the prime retail submarket in Topeka with access and visibility from 21st Street, 17th Street, and Wanamaker Road.

West Ridge Mall is a premier super regional mall located in Topeka and serves the metro area including the nearby communities of Lawrence, Manhattan, and Emporia. West Ridge offers over 90 stores and is the only enclosed mall in the entire market. Numerous national credit tenants are located adjacent to the mall including Lowe's, Walmart, Sam's Club, Menards, Best Buy, Hobby Lobby, Petco, PetSmart, Target, Chipotle, and many others. This area benefits from the combination of convenience, housing, amenities, and proximity to I-470 and I-70.

More Land Details

AUCTIONFLIP ID
266188
Posted on AUCTIONFLIP
41 Days Ago
Last Updated
41 Days Ago
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