Restaurant
Hooters | Absolute NNN Lease | Dense Retail Hub Immediately Off Of Interstate 70/470
6100 SW 10th Ave, Topeka, KS 66615
Listing Price: $2,500,000
Cap Rate
7.00%
Tenant Name
Hooters
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
5,144
Lease Type
Absolute Net
Rent Per Square Feet
$34.02
Investment Overview
We're pleased to present the offering for Hooters in Topeka, KS.
Hooters | Absolute NNN Lease | Dense Retail Hub Immediately Off Of Interstate 70/470
Investment Highlights
- 2005 Build to Suit for Hooters | 5,144-Square Foot Building on a Large +/-1.84 Acre Parcel | Over 13 Years Remaining on a New Absolute NNN Lease | No Landlord Responsibilities
- Six Percent Rental Increases in Base Term and in Two, Five-Year Renewal Options | Franchisee Guaranteed Lease
- Property Features Two Points of Ingress and Egress With Lighted Pylon Sign, Fully Lit Parking Lot and Outdoor Patio Seating | Hooters Property is Also Shown on Interstate Exit 356 Food Signage
- High Visibility Along SW Wanamaker Rd and SW 10th Ave With Easy Access From Both Traffic Directions, Seeing a Combined Over 26,000 Vehicles per Day (VPD) | Immediately Off Of Interstate 70 Exit, Seeing 46,900 VPD, Near The Interstate 470 Interchange With 31,490 VPD
- Located in a Residential, Hotel and Retail Corridor Along I-70, a Main Traffic Thoroughfare into Downtown Topeka and On to Kansas City | Over 1,600 Hotel Rooms Within One Mile of the Property
- Proximity to Multiple National Tenants Including Comfort Suites, Holiday Inn Express, Hyatt, Home Depot, Walmart, Sam's Club, Lowe's, Menards, Petco, Hobby Lobby, Best Buy, West Ridge Mall and More
- 10 Miles From Topeka Regional Airport and Five Miles From Downtown Topeka | Topeka is the State Capital of Kansas and the County Seat of Shawnee County, With a Population of Over 126,000
- Strong and Stable Demographics: Population of Over 90,300 Within Five-Miles and Projected to Grow Through 2029 | Daytime Population of Over 121,500 Within Five-Miles | Unemployment is Below One Percent Within One Mile
Broker of Record
Financing By
Restaurant
Hooters | Absolute NNN Lease | Dense Retail Hub Immediately Off Of Interstate 70/470
Listing Price: $2,500,000
Cap Rate
7.00%
Tenant Name
Hooters
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
5,144
Lease Type
Absolute Net
Rent Per Square Feet
$34.02
Investment Highlights
- 2005 Build to Suit for Hooters | 5,144-Square Foot Building on a Large +/-1.84 Acre Parcel | Over 13 Years Remaining on a New Absolute NNN Lease | No Landlord Responsibilities
- Six Percent Rental Increases in Base Term and in Two, Five-Year Renewal Options | Franchisee Guaranteed Lease
- Property Features Two Points of Ingress and Egress With Lighted Pylon Sign, Fully Lit Parking Lot and Outdoor Patio Seating | Hooters Property is Also Shown on Interstate Exit 356 Food Signage
- High Visibility Along SW Wanamaker Rd and SW 10th Ave With Easy Access From Both Traffic Directions, Seeing a Combined Over 26,000 Vehicles per Day (VPD) | Immediately Off Of Interstate 70 Exit, Seeing 46,900 VPD, Near The Interstate 470 Interchange With 31,490 VPD
- Located in a Residential, Hotel and Retail Corridor Along I-70, a Main Traffic Thoroughfare into Downtown Topeka and On to Kansas City | Over 1,600 Hotel Rooms Within One Mile of the Property
- Proximity to Multiple National Tenants Including Comfort Suites, Holiday Inn Express, Hyatt, Home Depot, Walmart, Sam's Club, Lowe's, Menards, Petco, Hobby Lobby, Best Buy, West Ridge Mall and More
- 10 Miles From Topeka Regional Airport and Five Miles From Downtown Topeka | Topeka is the State Capital of Kansas and the County Seat of Shawnee County, With a Population of Over 126,000
- Strong and Stable Demographics: Population of Over 90,300 Within Five-Miles and Projected to Grow Through 2029 | Daytime Population of Over 121,500 Within Five-Miles | Unemployment is Below One Percent Within One Mile
Investment Overview
We're pleased to present the offering for Hooters in Topeka, KS.
Broker of Record
Financing By
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