Wanamaker Crossing II
SHOPPING CENTER INVESTMENT OPPORTUNITY | Prime Retail Corridor | 93% Occupancy | 7.47% CAP
Marketing description
Crossroads Real Estate Group is pleased to present the exclusive listing of Wanamaker Crossing II, a premier retail investment opportunity in Topeka, Kansas. Wanamaker Crossing II provides investors with reliable, predictable cash flow thanks to a balanced tenant roster composed of nationally recognized and strong regional operators, while featuring limited short-term rollover risk.
Five buildings comprise the shopping center’s 34,353 square-feet of net-rentable area. The tenant roster’s mix of strong local and high-profile retailers including Starbucks, Jason’s Deli, On the Border, Buffalo Wild Winds, Cold Stone Creamery and regional concepts – Smallcakes and Izumi Sushi & Hibachi.
Ideally situated within Topeka’s dynamic Wanamaker Road commercial corridor, the property enjoys high visibility, robust consumer traffic, and excellent accessibility near major highways. As a retail hub for the broader Topeka area, the Wanamaker Road corridor draws customers from across the city and surrounding counties. This established trade area benefits from the region’s steady population growth, expanding employment base, and concentration of national retailers.
Investment highlights
High Demand Location | Concentration of compatible retailers
Tenant Longevity | 18.5 Year Average Tenancy
Diversified Tenant Base | Well distributed across uses & size
Exceptional Condition | Built in 2004-06 Mitigated capex risk
Convenient Accessibility | I-70 & I-470 proximity to Wanamaker Road
Attractive Economics Long-term | NNN Structure
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