Noodles & Company

8 W 8th St, Lawrence, KS 66044

  • For Sale $1,640,000
  • 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 Dec 11, 2024
NAI Heartland is pleased to present a NNN leased retail investment opportunity. 8 W 8th Street in Lawrence, Kansas is a 2,952 SF retail building leased to Noodles & Company. Noodles & Company is dedicated to this location operating here for over 15 years. Plus, they just exercised their first lease option extending their term for 5 more years with zero landlord requests. In addition to the long-term national tenant, this investment opportunity also benefits from a prime “ground zero” location on 8th Street and Massachusetts Street in downtown Lawrence. The area is a top destination in the region with historic walkable landscapes, one-of-a-kind mix of shopping, dining, and entertainment, coupled with hosting an abundance of spectacular community events and located at the doorstep of the University of Kansas.
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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 7.35%, 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.

Contacts

broker
Brandon Heck

NAI Heartland

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Bike Score ®

    94/100 Biker's Paradise
Powered by Walk Score ®
  • City Lawrence, KS
  • Neighborhood Original Town Lawrence
  • Zip Code 66044
  • Market Kansas City

Points of Interest

  • Lawrence

    0.33 miles

  • Conoco

    0.41 miles

  • Kwik Shop

    0.46 miles

  • Casey's General Store

    1.05 miles

  • Cenex

    1.21 miles

  • QuikTrip

    1.29 miles

  • Sunoco

    1.54 miles

  • Phillips 66

    1.82 miles

  • EVlink

    2.37 miles

  • City of Lawrence Parking Lot 14

    0.03 miles

  • Lot #3

    0.08 miles

  • Vermont St Garage

    0.09 miles

  • City of Lawrence Parking Lot 2

    0.09 miles

  • City Of Lawrence Parking Lot 4

    0.10 miles

  • City of Lawrence Parking Lot 12

    0.11 miles

  • City Of Lawrence Parking Lot 8

    0.12 miles

  • Lot #11

    0.12 miles

  • City of Lawrence Parking lot 8

    0.15 miles

  • Lot #5

    0.20 miles

  • Noodles & Co.;Noodle Company

    0.00 miles

  • Jefferson's Lawrence

    0.01 miles

  • The Basil Leaf Cafe

    0.02 miles

  • The Burger Stand at The Casbah

    0.03 miles

  • Merchants

    0.03 miles

  • Wa Restaurant

    0.03 miles

  • Cosmos Indian Store

    0.04 miles

  • Zen Zero

    0.05 miles

  • Juice Stop

    0.06 miles

  • Taco Zone

    0.06 miles

  • Cindy’s Simple Life

    0.06 miles

  • Weaver's

    0.16 miles

  • F-Mart

    1.08 miles

  • Dillons

    1.24 miles

  • The Merc Co+op

    1.36 miles

  • Checkers

    1.92 miles

  • Casa Azteca Market

    2.03 miles

  • Natural Grocers

    2.05 miles

  • Hy-Vee

    2.96 miles

  • ALDI

    3.12 miles

Frequently Asked Questions

How much does Noodles & Company cost?

The space currently listed for sale at Noodles & Company asks for $1,640,000.

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
broker
Brandon Heck

NAI Heartland