Wakarusa Plaza

1311 Wakarusa Dr., Lawrence, KS

$1,899,000

Price

13,122 sqft

Building Size

2.44 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
13,122 sqft
Lot Area
2.44 acres
Occupancy
100%
Zoning
Industrial Business Park (IBP)
Description

FULLY LEASED: The Wakarusa Plaza Building is a free standing all brick office building located at 1311 Wakarusa Dr, Lawrence KS 66049. This offering consists of a 13,122 square feet two story building that sits on 2.44 acres in a picturesque setting of west Lawrence. Large parking lot with 73 parking stalls (resurfaced in 2019). Quality tenant mix with single tenant on 1st floor (10+ years) and 3 minor tenants on 2nd floor. Mix of corporate guaranteed and private leases. Excellent opportunity for an investor. Current management company is excellent and can transfer with the property for minimal disruption. Offered at $1,899,000 which at current rent rolls is an 8.23% CAP RATE


Located on West Side of Wakarusa with Therapy Works as the anchor tenant.

Documents
Location
Gallery