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Office Building with NNN Lease
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1901 Massachusetts St, Lawrence, KS 66046

CS-zoned office property occupies a signalized corner served by Lawrence Transit.

Property Size5,534 SF
Days on Market142

Property Features for 1901 Massachusetts St

General Information

Standard status Active
Size 5,534 SF
Property subtype Office
Zoning CS

Additional Details

Asking Price $1,200,000
Public Transit Yes

Building Details

Year Built 2003
Building Size 5,534 SF
Listing Agency: Colliers - Lawrence, Kansas
Listed By: J. Taylor · License #KS 00241996
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Lawrence, Kansas

Investment Insights

Based on property information with market context.

This 5,534 SF office building, completed in 2003, occupies the corner of W 19th Street and Massachusetts Street in downtown Lawrence. The property includes an 1,800 SF Suite F offered under an NNN lease structure, along with a lease in place to a national CBD tenant through 2024.

The building sits at the intersection of Massachusetts Street and W 19th Street, where traffic is reported at 12,825 cars per day. It is within walking distance of the University of Kansas campus and Lawrence Memorial High School, and the site is served by a Lawrence Transit bus line. CS zoning applies to the property.

Key Highlights

  • 5,534 SF office building completed in 2003
  • 1,800 SF Suite F with NNN lease structure
  • National CBD tenant lease through 2024

Property Analytics

Current Use

CBD American Shaman Department Store

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

Demographics for 66046, KS

19,903
Population
9,452
Households
2.1
Avg Household Size
31
Median Age
46%
College-Educated
96%
High-School Grad
40.8 sq mi
ZIP Area
488
Density / Sq Mi
$58,798
Median Household Income
$31,546
Median Earnings
$937
Median Rent
$217,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - CS-zoned office property occupies a signalized corner served by Lawrence Transit.
Where is this office building located?
The property is located at 1901 Massachusetts St Lawrence, KS.
What are key features of this property?
This property features: 5,534 SF office building completed in 2003; 1,800 SF Suite F with NNN lease structure; National CBD tenant lease through 2024
More about this property
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