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    1520 Wakarusa Dr Lawrence, KS 66047

    For Lease
    $1,850 /Mo ($13 SF/Yr)

    Retail space with open floor plan and ample parking.

    Property size:
    1,600 SF
    Lot size:
    4.79 Acres

    Property Features for 1520 Wakarusa Dr

    General Information

    Size
    1,600 SF
    Lot size
    4.79 Acres

    Source: Colliers | Lawrence Agent Allison Moore, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near University of Kansas

    This retail space features an open floor plan with abundant natural light, two restrooms, and a dedicated storage area. Constructed in 2003, the property offers a sublease opportunity through June 30, 2027. The location provides exceptional regional connectivity with direct access to K-10 and I-70. There are 231 on-site parking spaces available. The property is situated approximately two miles from the University of Kansas, which has a student population of over 26,000. The zoning is M-2. Current tenants in the area include Jefferson’s, Burgers by Bigg’s, Lava Yoga, Subway, True Barre, and Acapulco Mexican Grill. The property size is 1,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Acapulco Mexican Restaurant Mexican Restaurant True Barre Lawrence Gym Adolph Interiors Interior Designer Dr. Matthew Brown Audiologist Lava Yoga Lawrence Yoga Studio

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.3056804
    Latitude
    38.9559763

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    FAQs

    What type of property is this?
    Retail space - Retail space with open floor plan and ample parking.
    Where is this retail space located?
    The property is located at 1520 Wakarusa Dr Lawrence, KS.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Sublease opportunity through June 30, 2027; - Exceptional regional connectivity with direct access to K-10 and I-70; - Ample on-site parking with 231 total spaces
    (785) 865-5100
    Request Owner's contact information
    1520 Wakarusa Dr Lawrence, KS 66047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1520 Wakarusa Dr Lawrence, KS 66047
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