Highlights
• High-Performing Location Ranked in the 61st percentile nationally and 90th percentile in Kansas by Placer.AI. Only Dutch Bros within a 15-mile radius. • Absolute NNN Lease Brand-new lease with zero landlord responsibilities. • Strong Market Fundamentals Topeka was named a “Top Emerging Housing Market” in 2023. • New Construction | Popular Brand Built in 2023 and backed by the rapidly expanding Dutch Bros name. • High Visibility & Traffic Located at a busy intersection with 26,000 vehicles per day. • Prime Retail Setting Positioned as an outparcel to Wanamaker Hill Shopping Center with strong neighboring retailers.
Description
Northmarq Restaurant Group is proud to present the opportunity to acquire a newly constructed, single-tenant Dutch Bros drive-thru located in Topeka, Kansas. This asset features an absolute NNN lease backed by a corporate guarantee, with built-in 10% rent escalations every five years throughout the base term and all renewal options. Strategically positioned near the intersection of SW Wanamaker Road and SW 17th Street—both key local thoroughfares—the property is part of the high-traffic Wanamaker Square retail hub. Major retailers anchoring this center include Hobby Lobby, DSW, Old Navy, Ulta Beauty, Five Below, and PetCo. The surrounding area boasts several major shopping destinations such as Wanamaker Hills, West Ridge Mall, West Ridge Plaza, and Plaza West. A dense concentration of national tenants—including Walmart Supercenter, Home Depot, Lowe’s, Sam’s Club, Target, Best Buy, Menards, Michaels, and TJ Maxx—are located within a 1-mile radius, creating strong retail synergy. Additional nearby demand drivers include Plaza West Health Care Center, Topeka West High School, and seven nationally branded hotels. As the only Dutch Bros location in Topeka, this site benefits from exclusive market presence and brand strength. It presents a compelling investment opportunity aligned with Dutch Bros’ rapid national expansion and the positive growth outlook for West Topeka.
Property Documents
DutchBros 5941.pdf
1.46 MB
Listing Details
- Cap Rate
5.5%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Restaurant
- Sale Type
Investment Sale
- Date Listed
6/24/2025
- Ownership Info
Fee Simple
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$109,500
- Brand Info
Starbucks
- Parking Info
8 Spaces (8.42 Spaces per 1,000 SF Leased)
- Building FAR
0.03
Property Specifics
- Property Name
Dutch Bros Coffee - Topeka, KS
- No of Buildings
1
- No of Stories
1
- Year Built
2023
- Building Size
950 SF
- Lot Size
0.7 Ac
- APN
142-04-0-30-07-001-010
- Zoning
c4
- Occupancy
100%