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1116 W 23rd St
Lawrence, KS 66046
Retail Property For Sale
Investment Highlights
- Value-Add Opportunity; 100% leased multi-tenant retail center with multiple below-market rents coming due
- Strong Demographics; Asset is located within a densely populated area of Lawrence with over 97,432 residents and an average hh income of $83,900
- Easily Accessible Site; Ingress/Egress from West 23rd Street and excellent visibility with over 30,039 VPD
- Location, Location, Location!; Within a mile from the University of Kansas, the largest college in the state, with over 28,000 students enrolled
- Top Performing Shadow Anchored; Property is a direct outlot to a top-performing Dillons, ranked in the top 80th percentile in the state
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,622 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.68 AC
Zoning
CS - Community Service overlay zoning district,
Parking
30 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
161’ on 23rd St
Amenities
- Monument Signage
Property Taxes
| Parcel Number | 023-111-01-0-40-20-014.01-0 | Improvements Assessment | $195,915 |
| Land Assessment | $174,935 | Total Assessment | $370,850 |
Property Taxes
Parcel Number
023-111-01-0-40-20-014.01-0
Land Assessment
$174,935
Improvements Assessment
$195,915
Total Assessment
$370,850
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