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Incredible Redevelopment Opportunity

2 Office Properties Offered at $7,087,100 CAD in Lawrence, KS

Office Space Kansas Lawrence Incredible Redevelopment Opportunity

Investment Highlights

  • Development Opportunity
  • Fantastic River Views
  • Multifamily Redevelopment
  • Perfect for Owner Occupied or Tenant Redevelopment

Executive Summary

Formerly the Riverfront Plaza converted to office. 22,000 sf leased to City of Lawrence, Kansas, Approximately 90,000sf available.
Lawrence Kansas is located 20 miles East of Topeka and 35 miles West of Kansas City. Douglas County is home to the University of Kansas, Haskell Indian Nations University and Baker University. Very highly educated work force.

Taxes & Operating Expenses (Pro forma - 2023)

Annual (CAD)
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $1,569,084

Taxes & Operating Expenses (Pro forma - 2023)

Gross Rental Income (CAD)
Annual -
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual -
Net Operating Income (CAD)
Annual $1,569,084

Property Facts

Price $7,087,100 CAD Status Active
Price / SF $64.43 CAD / SF Number of Properties 2
Sale Conditions
Bulk/Portfolio Sale
  • Lease Option
  • High Vacancy Property
  • Redevelopment Project
 Individually For Sale 2
Cap Rate 22% Total Building Size 110,000 SF
Sale Type Investment Total Land Area 5.09 AC
Price $7,087,100 CAD
Price / SF $64.43 CAD / SF
Sale Conditions
Bulk/Portfolio Sale
  • Lease Option
  • High Vacancy Property
  • Redevelopment Project
Cap Rate 22%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 110,000 SF
Total Land Area 5.09 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
One Riverfront Plaza/East Side
1 Riverfront Plz, Lawrence, KS 66044 		Office 44,000 SF 1988 $4,252,260 CAD
One Riverfront Plaza/West Side
1 Riverfront Plz, Lawrence, KS 66044 		Office 66,000 SF 1989 $5,669,680 CAD
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(800) 530-5490

  • Listing ID: 8580744

  • Date on Market: 2017-08-09

  • Last Updated:

  • Address: Incredible Redevelopment Opportunity, Lawrence, KS

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Incredible Redevelopment Opportunity portfolio of 2 properties for sale on LoopNet.ca Primary Photo- Image 1 of 4
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Incredible Redevelopment Opportunity portfolio of 2 properties for sale on LoopNet.ca Building Photo- Image 2 of 4
riverfront levy view
Incredible Redevelopment Opportunity portfolio of 2 properties for sale on LoopNet.ca Building Photo- Image 3 of 4
riverfront proximity to depot

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Incredible Redevelopment Opportunity
(800) 530-5490 x

Incredible Redevelopment Opportunity

Doug Brown

(800) 530-5490

(800) 530-5490

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