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4651 Bauer Farm Dr
Lawrence, KS 66049 West Lawrence

$1,772,000 USD

Storefront For Sale  •  2,400 SF

Property Details

  • Property Type Storefront
  • Total Building Size 2,400 SF
  • Lot Size 0.79 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 7.15 %
  • Tenancy Single
0 Transit Score
81 Walk Score

Highlights

4+ years remaining in the base term with three, 5-year extension options
10% rental increases at start of each option providing a hedge against inflation
2019 build-to-suit construction with 15-year roof warranty in place (~10 years remaining)
Standalone visibility on W 6th Street – 23,000 VPD
Affluent submarket – $115,000 average household incomes within a 1-mile radius of the subject property
Home to University of Kansas – 30,700 students

Property Flyers

Cap Rate: 7.15 %

Public Transportation

Commuter RailDriveWalkDistance
Lawrence Amtrak Station (Southwest Chief - Amtrak) 8 min - 4.1 mi
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE