8-10 W 8th St | Lawrence, KS 66044
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8-10 W 8th St
Lawrence, KS 66044
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Noodles & Company just exercised a 5-year extension with zero landlord requests.
- With a cap rate of 7.35%, this investment offers a stable and attractive income stream.
- Noodles & Company has operated at this location for over 15 years showing a dedication to this location.
- The property is strategically situated in a prime “ground zero” location in downtown Lawrence and near the University of Kansas campus
- Noodles & Company takes care of the majority of maintenance, making this investment hassle-free for landlords.
- 5 mile population exceeds 95,000, 5 mile median household income exceeds $63,000, and 1 mile median home value exceeds $308,000.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,952 SF
Building Class
B
Year Built/Renovated
1984/2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.11 AC
Zoning
C-3 - Heavy Commercial District
Parking
15 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $205,708 | |
| Land Assessment | $125,193 | Total Assessment | $330,901 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$125,193
Improvements Assessment
$205,708
Total Assessment
$330,901
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