Single-Tenant Retail
For Sale
Contact for pricing
4820 Bauer Farm Dr, Lawrence, KS 66049
Fee-simple, single-tenant PetSmart retail building offered with a 10-year triple-net lease backed by structural carve-out.
Property Size17,998 SF
Days on Market124
Property Features for 4820 Bauer Farm Dr
General Information
Standard status
Active
Size
17,998 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Denver Downtown
Listed By:
Matthew Henrichs · License #CO FA.100007009
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 2:34AM
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 CBRE - Denver Downtown
Investment Insights
Based on property information with market context.
CBRE is pleased to offer a fee-simple, single-tenant triple-net (structural carve-out) investment opportunity in Lawrence, Kansas. The offering includes a 10-year lease backed by PetSmart. The property improvements consist of a 17,998-square-foot free-standing retail building currently under construction for PetSmart, with an estimated completion date of August 28, 2017.
The site is located on W 6th Street in Lawrence, positioned between a Sprouts Farmers Market and the future site of a Hilton Hotel. PetSmart is described as adjacent to infill residential neighborhoods, and the property benefits from regional retail draws including Walmart Supercenter and the University of Kansas.
This is an exclusive-agent offering for a stabilized lease arrangement tied to PetSmart with a structural carve-out feature, designed to provide secured long-term cash flow for a passive investor.
The site is located on W 6th Street in Lawrence, positioned between a Sprouts Farmers Market and the future site of a Hilton Hotel. PetSmart is described as adjacent to infill residential neighborhoods, and the property benefits from regional retail draws including Walmart Supercenter and the University of Kansas.
This is an exclusive-agent offering for a stabilized lease arrangement tied to PetSmart with a structural carve-out feature, designed to provide secured long-term cash flow for a passive investor.
Key Highlights
- 17,998 SF free‑standing retail building currently under construction for PetSmart in Lawrence, KS
- Single‑tenant, 10‑year triple‑net lease (structural carve‑out) backed by PetSmart
- Estimated completion date: August 28, 2017
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
231k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Superstores 26%
Groceries 21%
Shops & Services 10%
Walmart
Superstores
60,353 visits/mo
0.2 miles
Dillons
Groceries
35,718 visits/mo
0.3 miles
McDonald's
Dining
27,197 visits/mo
0.3 miles
Sprouts Farmers Market
Groceries
11,974 visits/mo
0.1 miles
The Big Biscuit
Dining
11,083 visits/mo
0.3 miles
Demographics for 66049, KS
32,131
Population
15,405
Households
2.1
Avg Household Size
37
Median Age
62%
College-Educated
96%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$90,755
Median Household Income
$49,826
Median Earnings
$1,145
Median Rent
$362,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Fee-simple, single-tenant PetSmart retail building offered with a 10-year triple-net lease backed by structural carve-out.
Where is this retail space located?
The property is located at 4820 Bauer Farm Dr Lawrence, KS.
What are key features of this property?
This property features: 17,998 SF free‑standing retail building currently under construction for PetSmart in Lawrence, KS; Single‑tenant, 10‑year triple‑net lease (structural carve‑out) backed by PetSmart; Estimated completion date: August 28, 2017
