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Property profile & analytics
OFF-MARKET
Warehouses

711 23rd St Lawrence, KS 66046-4909

2,200 SF 7.36 ac lot Built 1988
Individually Owned 9-yr Hold Free & Clear
Property ID
US33-0904297
Property summary
AI-generated overview

This exceptional 102,000 square foot retail shopping center in Lawrence, Kansas, boasts a prime location near the University of Kansas and downtown. Currently home to the new Whataburger, this thriving strip center offers multiple tenancy opportunities with five available spaces ranging from approximately 1,900 to 3,500 square feet. The minimum divisible space is 2,000 square feet, with a maximum contiguous space of 3,336 square feet. A significant 16,402 square feet is currently vacant, presenting a unique chance for expansion or new business ventures. Situated at 711 W 23rd St, Lawrence, KS 66046, in Douglas County, this property benefits from high traffic counts and excellent visibility. The center's commercial kitchen subtype adds versatility for a variety of food-related businesses. This is an unparalleled opportunity to establish a presence in a bustling and dynamic retail environment. Don't miss this chance to secure space in a thriving shopping center with a proven track record of success. Contact us today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 2,200 SF
Lot 7.36 ac (320,602 SF)
APN 103-07-0-10-01-004.00-0
UPID US33-0904297
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Westlake Ace Hardware Building Supply Hardware & Home Improvement
  • TM cigar lounge (Bike/Boat/Book/etc) Store
  • Next Level Rising Gym & Fitness Center
  • Toshiba Business Solutions Business Related
  • Lawrence Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Unified School District No 497 · 9 yrs held
Unified School District No 497
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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