Absolute $1 Auction 0.67 AC

Land Description

Signalized Hard Corner 0.67 AC Parcel - 38K Vpd

Realinsight Marketplace Online Auction March 22-24, 2021

Investment Highlights

±0.67 acre parcel located at SW Wanamaker Rd and SW 21st St at 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 a 0.67 AC land parcel located at the signalized corner of SW Wanamaker Road and SW 21st St (the “Property”) in Topeka, Kansas. Positioned adjacent to the ±1 Million SF West Ridge Mall and numerous national credit retailers, the Property provides an investor the opportunity to acquire an asset in the middle of the submarket's dominant retail corridor.

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.