1116 W 23rd StLawrence, KS 66046
Boost Mobile & Plato's Closet
Value-Add Opportunity | Close Proximity to Kansas University |
Overview
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a 7,622 SF Multi-Tenant Strip Center in Lawrence, KS. The property is fully leased to three tenants: Boost Mobile, Plato’s Closet, and Top Notch Smoke Shop, all on net-leases.
Located at 1116 W 23rd St, the property is secured by three net-leases. The center is 100% leased with multiple below-market rents coming due, providing an investor with the opportunity to push rents or retenant the property
Investment Highlights
VALUE-ADD OPPORTUNITY
- 100% leased multi-tenant retail center with multiple below-market rents coming due; provides investor with an opportunity to push rents or re-tenant the property
TOP PERFORMING SHADOW ANCHOR
- Property is a direct outlot to a topperforming Dillons, ranked in the top 80th percentile in the state
EASILY ACCESSIBLE SITE
- Ingress/Egress from West 23rd Street and excellent visibility with over 30,039 VPD
IDEAL DEMOGRAPHICS
- Asset is located within a densely populated area of Lawrence with over 97,000 residents and an AHHI of $96,345 within a 5-mile radius of the site
NEIGHBORING RETAIL TENANTS
- Surrounded by tenants such as; Dillons, Domino’s, Jiffy Lube, KFC, Quick Lane, McDonald’s, Ford Motors Dealership, Taco Bell, Chipotle, and more
LOCATED NEAR TWO UNIVERSITIES
- Within a mile from the University of Kansas, the largest college in the state, with over 28,000 students enrolled, and Haskell Indian Nations University, with around 1,000 students
Photo Gallery
1116 W 23rd StLawrence, KS 66046
Sales Team
Listing provided by Revere CRE