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5900 SW HUNTOON ST Topeka KS 66604-2121

[Locked] • APN 0983303008001020

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 45,762
Lot SqFt 155,804
Acreage ******
Number of Units 6
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code PUD
Year Built 2001
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description

Long-term operating history, Dicks has been operating at the property since it was built in 2001. Tenant executed a 10-year extension in 2017, jut under 4 years remaining.

Call - Text: 310-717-6932 / [email protected]

Very favorable assumable loan at 6.50% interest-only for 5 years with recourse.. Dicks Sporting Goods is located next to a Corp. Owned Home Depot, the only Dicks and Corp. owned Home Depot in the Capital City of Topeka, Kansas.

Dicks Sporting Goods is an investment grade property with a Moody’s rating of Baa3, NYSE: DKS $10.5B market cap. Largest sporting goods dealer in the world with a 5.4% increase in sales last qtr.

Subject property is located in a major retail hub Co-Anchored with Home Depot, across the street from Wal-Mart Supercenter, JoAnn Fabrics, Sam’s’ Club, Kohls and Best Buy.

Signalized intersection of Huntoon St. & Wanamaker Rd. (30,000+ CPD), easy access to and from the on/or ramp of Interstate 470 (34,000+ CPD). Access to Interstate 70 (63,000+ CPD) one of the main arterials running through the Midwest and a direct route to Kansa City.

Dicks has just spend $240K in Tenant improvement expenses in a brand new show section, exterior lighting and two new Pylon Signs, showing their commitment to the location.

Multiple five-year options in lease. Call / Text 310-717-6932 [email protected]

Investment Highlights

Dicks Sporting Goods recently announced record fourth quarter and full year results; net sales grew 28.3%. The subject property is the only Dicks Sporting Goods located within 40 miles.

Dicks Sporting Goods located right off Interstate 470 in the only major retail hub, serves the Capital City of Kansas, Topeka, exclusively.

7.50 Cap rate over hold period - Institutional and Investment grade guarantee. Moodys Baa3 - Readily Financeable - Multiple Lender offers.

Call / Text 310-717-6932 [email protected]

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
AD
Aldy Damian PRO
•••.•••.6932
••••••mian@•••••.com
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