1116 W 23rd St - Freestanding FOR SALE
Lawrence, KS 66046 |
$1,330,000 USD
312-269-0220
1116 W 23rd St
Lawrence, KS 66046
HIGHLIGHTS
- Value-Add Opportunity; 100% leased multi-tenant retail center with multiple below-market rents coming due
- Location, Location, Location!; Within a mile from the University of Kansas, the largest college in the state, with over 28,000 students enrolled
- Strong Demographics; Asset is located within a densely populated area of Lawrence with over 97,432 residents and an average hh income of $83,900
- Top Performing Shadow Anchored; Property is a direct outlot to a top-performing Dillons, ranked in the top 80th percentile in the state
- Easily Accessible Site; Ingress/Egress from West 23rd Street and excellent visibility with over 30,039 VPD
FOR SALE DETAILS
PRICE
$1,330,000 USD
PRICE/SF
$169 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
CS
APN/PARCEL ID
023-111-01-0-40-20-014.01-0
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312-269-0220
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312-269-0220
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