1533 W 23rd St | Lawrence, KS 66046
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1533 W 23rd St
Lawrence, KS 66046
151 Coffee - Lawrence, KS · Retail Property For Sale
Investment Highlights
- Predictable Returns: Absolute NNN Lease Structure Ensures Passive Income With Zero Management Responsibilities
- Attractive Yield: Supported By a Tenant With a Seven-Year History of Strong Growth in the Very Attractive $52B Specialty Coffee Store Industry
- University Market Stability: Walking Distance to the University of Kansas, Bringing a Consistent Flow of Student, Faculty, and Visitor Traffic
- Growing National Brand: 151 Coffee is Expanding Rapidly, Positioning Itself as a Competitor to Major Drive-Thru Coffee Chains
- Strategic Location: Frontage Along Lawrence’s Busiest Retail Corridor With 30,000 Vehicles Per Day, Offering Exceptional Visibility
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,845 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.59 AC
Zoning
C-5
Parking
25 Spaces (8.79 Spaces per 1,000 SF Leased)
Frontage
194’ on 23rd St
Property Taxes
| Parcel Number | 023-111-12-0-20-01-006.01-0 | Improvements Assessment | $112,663 |
| Land Assessment | $164,213 | Total Assessment | $276,876 |
Property Taxes
Parcel Number
023-111-12-0-20-01-006.01-0
Land Assessment
$164,213
Improvements Assessment
$112,663
Total Assessment
$276,876
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