2351 W 31st St
Lawrence, KS 66047
2351 W 31st St, Lawrence, KS 66047 · Retail Property For Sale

Marcus & Millichap has been retained as the exclusive marketing advisor for the real estate sale of 2351 W 31st Street in Lawrence, Kansas. Z’s Divine Espresso has occupied the property since 2016 under a double net lease. The lease commenced in August of 2016 and has five years remaining on the lease. The lease has rent increases of 2.96% every two years. The 2,859 SF building sits on a 36,590 SF lot and features a drive-thru window. The property is located in a heavy retail corridor located directly north of Target and is surrounded by Sonic, Subway, Steak ‘n Shake, Subway, McDonald’s, Kohl’s, Bed Bath & Beyond, T.J. Maxx, Walmart Supercenter and many more. Additionally, the property benefits from being just 2.5 miles from the University of Kansas. Lawrence, Kansas is a diverse city that provides many of the amenities of a large metropolitan area, while still maintaining a strong sense of community. Lawrence is located Northeast of Kansas, just 45 minutes west of Kansas City, and 30 minutes east of Topeka, the state capital. Lawrence is home to the University of Kansas (28,000 students) and Haskell Indian Nationals University.