565 Wakarusa Drive

Lawrence, KS
Price: $5,414,000
Cap Rate: 6.00%

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Blue West Capital is pleased to present the sale of a new construction Class A multi-tenant retail property located in Lawrence, Kansas. The property is 100% leased to national e-commerce resistant tenants – AT&T, Pacific Dental, SportClips, Orangetheory Fitness, and Smoothie King. All of the leases are triple net (NNN) and feature rental increases in the primary term. This investment offers a future owner a passive investment with minimal landlord responsibilities.

  • New construction Class-A multi-tenant property leased to national e-commerce resistant tenants (AT&T, Pacific Dental, SportsClips, Orangetheory Fitness, and Smoothie King)
  • Long term triple net leases give the simplicity of passive ownership with fixed rental increases
  • Outparcel to a Walmart Supercenter, increasing foot and vehicle traffic to the property and tenants
  • Close proximity to the University of Kansas, the largest university in Kansas (27,000+ Students)

OFFERING SUMMARY

Price: $5,414,000

Cap Rate: 6.00%

Year Built: 2019

Building Size: 10,850 SF

INVESTMENT CONTACT

TOM ETHINGTON – LEAD
Managing Partner
Investment Sales
720.966.1624
Tom@BlueWestCapital.com

ROBERT EDWARDS
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com

SHAWN DICKMANN
Analyst
Investment Sales
720.828.8310
Shawn@BlueWestCapital.com

BRANDON GAYESKI – LEAD
Associate
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com

ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com

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2020-05-01T14:35:55-07:00