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2037 Southwest Gage Boulevard
Topeka, KS 66604
Asking Price
$805K
Cap Rate
8.5%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
<p><strong>ABSOLUTE-NET LEASEHOLD INTEREST</strong></p><p>Tenant Operates On An Absolute-Net Basis With Zero Landlord Responsibilities, Providing Passive Cash Flow Through The Remaining Primary Term | 10% Rent Increases Throughout Option Periods</p><p></p><p><strong>ESTABLISHED 20+ YEAR OPERATING HISTORY AT THE SITE</strong></p><p>Spangles Has Successfully Operated At This Topeka Location Since 2004, Demonstrating Long-Term Commitment To The Trade Area</p><p></p><p><strong>STRONG UNIT-LEVEL POSI
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NOI
$80,000
Cap Rate
9.94%
DSCR
1.67
Strong
Cash-on-Cash
13.33%
Monthly Payment
$3,983.572
Annual Cash Flow
$32,197.142
