Multi-Tenant Retail Building | Lawrence, KS
For Sale
Multi-Tenant Retail Building | Lawrence, KS
Asking Price: $1,470,000
| Cap Rate: 8%
- Net Operating Income: $117,753
- Weighted Avg. Lease Term (WALT): 3 Years
- Lease Type: Net
Property Highlights
- 100% leased retail building with a strong mix of national and local tenants
- Recent lease extension exercised by Boost Mobile and Plato’s Closet showing commitment to the site
- Excellent visibility from W. 23rd St with over 30,000 VPD
- Pride in ownership; within a mile from the University of Kansas, the largest college in the state, with over 28,500 students enrolled