Retail Business for Sale in Topeka, KS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Topeka, KS 66618
  • Year built: 1984

Photos

Retail Business for Sale in Topeka, KS, photo 1 of 2
Retail Business for Sale in Topeka, KS, photo 2 of 2

Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively offer this single-tenant industrial property leased to Beacon Sales Acquisition d/b/a Dealer’s Choice, now a wholly owned subsidiary of QXO (NYSE: QXO). The subject property is a 26,250-square-foot facility sitting on 2.51 acres, located near Interstate 70 on Northwest 14th Street. The tenant has occupied this space since 2005. There is approximately one and one-half years remaining on a triple-net (NNN) lease. The lease provides one, five-year option to renew at a fixed rate. Topeka is the capital city of the state of Kansas and serves as the county seat of Shawnee County. It is situated in the east-central portion of the state along both banks of the Kansas River, positioned roughly 60 miles west of the Kansas City metropolitan area. Connected by Highway 75 and a BNSF railway line and close to Interstate 335 and Interstate 70, Topeka’s strengths as a logistics and distribution hub have already proven to be invaluable to companies such as Walmart, Target, Home Depot, Big Heart Pet Brands, Goodyear, Frito Lay, and PTMW, who all have distribution centers in the community. Founded in 1993, Dealers Choice is a leading two-step wholesale distributor of exterior building materials in North America. Dealers Choice became a part of QXO, Inc. as a result of a massive consolidation wave in the building materials industry. Historically, Dealers Choice operated as a specialized wholesale division under Beacon Building Products. Today, Dealers Choice functions as an integral piece of the larger QXO platform. Investment Highlights: • National Credit Tenant • Fully Concrete Yard - Rare IOS Infrastructure • Below Market Rent with Mark-to-Market Upside

Market Context

This retail in Topeka, KS is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1984. Compare it against other retail listings for sale in Topeka, KS — view the full market.

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