4651 Bauer Farm Drive

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4651 Bauer Farm Drive

Lawrence, KS 66049
Asking Price
$1.69M
Cap Rate
7.5%
Asset Type
Storefront Retail
Class
Class B

What's Special

Largest Authorized Verizon Retailer (500+ Locations) | Home to University of Kansas - 30,700 Student <ul><li>​2<span style="color: rgba(33, 37, 41, 1)">+ years remaining in the base term with three, 5-year extension options</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">10% rental increases at start of each option providing a hedge against inflation</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">2019 build-to-suit construction with 15-year roof warranty in place (~10 years remaining)</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Standalone visibility on W 6th Stre

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NOI
$80,000
Cap Rate
4.73%
DSCR
0.80
Underwater
Cash-on-Cash
-4.01%
Monthly Payment
$8,361.198
Annual Cash Flow
$-20,334.375

Location & Travel Times