- For Sale $1,725,000
- Property Type Retail - Street Retail
- Property Size 2,952 SF
- Units 1
- Lot Size 0.07 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Date Updated Sep 16, 2024
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Highlights
- Lease Term: Noodles & Company just exercised a 5-year extension with zero landlord requests.
- Prime Location: The property is strategically situated in a prime “ground zero” location in downtown Lawrence and near the University of Kansas campus and its 28,000 students.
- Stable Income: With a cap rate of 7.0%, this investment offers a stable and attractive income stream.
- Minimal Landlord Responsibilities: Noodles & Company takes care of the majority of maintenance, making this investment hassle-free for landlords.
- Dedication to Location: Noodles & Company has operated at this location for over 15 years showing a dedication to this location.
- Strong Demographics: 5 mile population exceeds 95,000, 5 mile median household income exceeds $63,000, and 1 mile median home value exceeds $308,000.
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Contacts
Location
Getting Around
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Walk Score ®
95/100 Walker's Paradise -
Bike Score ®
94/100 Biker's Paradise
- City Lawrence, KS
- Neighborhood Original Town Lawrence
- Zip Code 66044
- Market Kansas City
Points of Interest
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Conoco
0.41 miles
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Kwik Shop
0.46 miles
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Conoco
0.89 miles
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Casey's General Store
1.05 miles
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Conoco
1.29 miles
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Kwik Shop
1.33 miles
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Phillips 66
1.44 miles
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Valero
1.54 miles
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Phillips 66
1.82 miles
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Conoco
1.89 miles
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City of Lawrence Lot 14
0.03 miles
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Vermont St Garage
0.09 miles
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Cithy of Lawrence Parking Lot 2
0.09 miles
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City of Lawrence Parking Lot 12
0.11 miles
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Riverfront Parking Garage
0.27 miles
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Lot 111
0.48 miles
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Lot94
0.66 miles
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Lot 92
0.70 miles
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Mississippi Street Garage
0.73 miles
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Lot 124
0.74 miles
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Noodles & Co.;Noodle Company
0.00 miles
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Jefferson's Lawrence
0.01 miles
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The Burger Stand at The Casbah
0.03 miles
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Merchants
0.03 miles
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Wa Restaurant
0.03 miles
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Cosmos Indian Store
0.04 miles
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Zen Zero
0.05 miles
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Juice Stop
0.06 miles
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The Dynamite Saloon
0.06 miles
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La Parilla
0.06 miles
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Cindy’s Simple Life
0.06 miles
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Weaver's
0.16 miles
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F-Mart
1.08 miles
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Dillons
1.24 miles
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The Merc Co+op
1.36 miles
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Dillons
1.92 miles
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J&V Oriental Market
1.93 miles
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Dillons
2.02 miles
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Casa Azteca Market
2.03 miles
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Natural Grocers
2.05 miles
Frequently Asked Questions
How much does Noodles & Company cost?
The space currently listed for sale at Noodles & Company asks for $1,725,000.
What is the total square footage of Noodles & Company?
Noodles & Company totals 2,952 square feet.
Looking for more in-depth information on this property?
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Contact Listing Broker
Brandon Heck
NAI Heartland