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Auto Service - Gas-Conv

Brand New Construction Caliber Collision | Topeka - Strong Demos | 15 Year Absolute Net Lease

1510 Arvonia Pl, Topeka, KS 66615

Listing Price: $6,862,000

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.7
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net
Rent Per Square Feet
$25.57

Investment Overview

Located in the heart of Topeka’s dominant retail corridor, this property benefits from strong regional demographics and an established commercial presence. The surrounding area is anchored by West Ridge Mall and features a dense mix of national retailers, restaurants, and service providers including Walmart, Sam’s Club, Lowe’s, Best Buy, Target, and Home Depot—all within a short distance. This concentration of retail draws consistent consumer traffic from across the Topeka metro and surrounding suburban communities.

The property sits along SW Wanamaker Road, one of the busiest and most recognized commercial arteries in the city. This corridor is a vital north-south route that connects major highways like I-70 and I-470, providing excellent accessibility and high daily traffic counts. The area sees a steady stream of shoppers, commuters, and regional travelers, making it an ideal environment for tenant operations and long-term investment.

Topeka, the capital of Kansas, boasts a stable economic base supported by government, healthcare, education, and manufacturing sectors. Major employers in the area include Stormont Vail Health, the State of Kansas, and Blue Cross Blue Shield of Kansas, all contributing to consistent workforce demand and economic resiliency. The city has actively invested in infrastructure and redevelopment initiatives aimed at enhancing commercial growth and quality of life.

Residential growth surrounding the corridor continues to support strong consumer demand, with numerous subdivisions, apartment communities, and schools located nearby. The area benefits from a balanced mix of daytime employment and evening residential traffic, ensuring round-the-clock activity.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 Construction.
  • Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Walking Distance from West Ridge Mall - Topeka's Premier Enclosed Shopping Center featuring 50+ Stores including Anchors Dillard's and Furniture Mall of Kansas, offering a Diverse Mix of National Retailers, Local Boutiques, and Dining Options.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $81k within a 3-Mile Radius and over 92k People Residing within a 5-Mile Radius.
  • Direct Access to I-470 & I-70 - Easy Accessibility to Major Interstates allows Customers and Employees to Reach the Site Quickly from all Parts of Topeka and Surrounding Kansas Towns, enhancing Regional Traffic Flow.
  • Diverse Tenant Mix - the Area includes Restaurants, Banks, Medical Offices, Retail Stores, and Auto Service Users, creating a Synergistic Environment for Cross-Traffic and High Consumer Engagement.
  • Diverse Tenant Mix - the Area includes Restaurants, Banks, Medical Offices, Retail Stores, and Auto Service Users, creating a Synergistic Environment for Cross-Traffic and High Consumer Engagement.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Auto Service - Gas-Conv

Brand New Construction Caliber Collision | Topeka - Strong Demos | 15 Year Absolute Net Lease

Listing Price: $6,862,000

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.7
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net
Rent Per Square Feet
$25.57

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 Construction.
  • Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Walking Distance from West Ridge Mall - Topeka's Premier Enclosed Shopping Center featuring 50+ Stores including Anchors Dillard's and Furniture Mall of Kansas, offering a Diverse Mix of National Retailers, Local Boutiques, and Dining Options.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $81k within a 3-Mile Radius and over 92k People Residing within a 5-Mile Radius.
  • Direct Access to I-470 & I-70 - Easy Accessibility to Major Interstates allows Customers and Employees to Reach the Site Quickly from all Parts of Topeka and Surrounding Kansas Towns, enhancing Regional Traffic Flow.
  • Diverse Tenant Mix - the Area includes Restaurants, Banks, Medical Offices, Retail Stores, and Auto Service Users, creating a Synergistic Environment for Cross-Traffic and High Consumer Engagement.
  • Diverse Tenant Mix - the Area includes Restaurants, Banks, Medical Offices, Retail Stores, and Auto Service Users, creating a Synergistic Environment for Cross-Traffic and High Consumer Engagement.

Investment Overview

Located in the heart of Topeka’s dominant retail corridor, this property benefits from strong regional demographics and an established commercial presence. The surrounding area is anchored by West Ridge Mall and features a dense mix of national retailers, restaurants, and service providers including Walmart, Sam’s Club, Lowe’s, Best Buy, Target, and Home Depot—all within a short distance. This concentration of retail draws consistent consumer traffic from across the Topeka metro and surrounding suburban communities. The property sits along SW Wanamaker Road, one of the busiest and most recognized commercial arteries in the city. This corridor is a vital north-south route that connects major highways like I-70 and I-470, providing excellent accessibility and high daily traffic counts. The area sees a steady stream of shoppers, commuters, and regional travelers, making it an ideal environment for tenant operations and long-term investment. Topeka, the capital of Kansas, boasts a stable economic base supported by government, healthcare, education, and manufacturing sectors. Major employers in the area include Stormont Vail Health, the State of Kansas, and Blue Cross Blue Shield of Kansas, all contributing to consistent workforce demand and economic resiliency. The city has actively invested in infrastructure and redevelopment initiatives aimed at enhancing commercial growth and quality of life. Residential growth surrounding the corridor continues to support strong consumer demand, with numerous subdivisions, apartment communities, and schools located nearby. The area benefits from a balanced mix of daytime employment and evening residential traffic, ensuring round-the-clock activity.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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