1 Riverfront Plz | Lawrence, KS 66044
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1 Riverfront Plz
Lawrence, KS 66044
One Riverfront Plaza/West Side · Office Property For Sale
Investment Highlights
- HIGH VALUE PROPERTY WITH LOW PRICE
- ENTRANCE TO DOWNTOWN LAWRENCE
- BEAUTIFUL VIEWS OF KANSAS RIVER
- PERFECT FOR OWNER OCCUPIED OR REDEVELOPMENT
Executive Summary
Office building right on the Kansas River houses the City of Lawrence through 2028 on the third floor. The first floor is ready for a call center tenant and has existing FF&E.
o 10 Ton Liebert AC Unit
o Liebert AP600T 225 kVA UPS
o Server Rm fire suppression system will need to be inspected and certified
• In Electric Room
o 5 Ton Lieber AC Unit
o Transfer Switch
o
? Server Rm fire suppression system will need to be inspected and certified
• Exterior
• Kolher Generator 500R0ZD71 500 kW
Second-floor vacancy allows for a huge upside for an owner occupied or investors bringing a tenant. Great access to Interstate 70.
Lawrence, Kansas is home to the University Of Kansas and Haskell Indian Nations University. Well educated workforce. Lawrence is 20 minutes east of Topeka and 35 minutes west of Kansas City. This property sits right on the north side of the very vibrant and healthy downtown.
o 10 Ton Liebert AC Unit
o Liebert AP600T 225 kVA UPS
o Server Rm fire suppression system will need to be inspected and certified
• In Electric Room
o 5 Ton Lieber AC Unit
o Transfer Switch
o
? Server Rm fire suppression system will need to be inspected and certified
• Exterior
• Kolher Generator 500R0ZD71 500 kW
Second-floor vacancy allows for a huge upside for an owner occupied or investors bringing a tenant. Great access to Interstate 70.
Lawrence, Kansas is home to the University Of Kansas and Haskell Indian Nations University. Well educated workforce. Lawrence is 20 minutes east of Topeka and 35 minutes west of Kansas City. This property sits right on the north side of the very vibrant and healthy downtown.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
66,000 SF
Building Class
B
Year Built
1989
Price
£3,137,640
Price Per SF
£48
Net Initial Yield
6.16%
NOI
£193,279
Percent Leased
33%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
22,000 SF
Opportunity Zone
Yes
Zoning
C3
About 1 Riverfront Plz , Lawrence, KS 66044
HUGE PRICE REDUCTION. SELLER IS MOTIVATED.
PROPERTY TAXES
| Parcel Number | 023-079-30-0-30-22-001.03-1 | Improvements Assessment | £694,222 |
| Land Assessment | £0 | Total Assessment | £694,222 |
PROPERTY TAXES
Parcel Number
023-079-30-0-30-22-001.03-1
Land Assessment
£0
Improvements Assessment
£694,222
Total Assessment
£694,222
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