Building Details:
• Year Built: 2016
5920 SW Huntoon St is located in Topeka, KS.
+ The opportunity to acquire fee simple interest in a long term single tenant net lease with Boot Barn located in Topeka, Kansas.
+ The brand new store will have 10 years of base term with minimal landlord responsibilities. The lease includes four, 5-year options to extend and 10% rental increases every five years during the base term and in each option period.
+ Boot Barn is shadow anchored by an 113,969 square foot Home Depot, driving a tremendous amount of traffic to the Property.
+ The site is located in Topeka’s dominate retail corridor. National and regional retailers within the immediate area include Sam’s Club, Walmart, Lowe’s Home Improvement, Dick’s Sporting Goods, The Home Depot, Best Buy, and Kohl’s.
+ The site benefits from exceptional frontage and visibility along Huntoon Street, a heavily trafficked east-west artery that runs through the city. Traffic counts at the intersection of Huntoon Street and Wanamaker Road are 15,000 and 22,260 vehicles per day, respectively.
+ A low price point per square foot and an attractive financing climate makes this an ideal 1031 exchange investment.
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