Noodles & Company

For Sale

8 W 8th St, Lawrence, KS 66044

This Lawrence property for sale is located at 8 W 8th St. The current listed sale price for Noodles & Company is $1,725,000. Noodles & Company is situated on a lot that is 0.07 acre in size.

Contacts

broker

Brandon Heck

NAI Heartland

Property Details

  • 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
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 7.0%, 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.

Getting around

  • 95/100

    Walk Score ®

  • 94/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lawrence, KS
  • Neighborhood Original Town Lawrence
  • Zip Code 66044
  • Market Kansas City

Points of Interest

  • Conoco

    0.41 miles

  • Kwik Shop

    0.46 miles

  • Conoco

    0.89 miles

  • Casey's General Store

    1.05 miles

  • Conoco

    1.29 miles

  • Kwik Shop

    1.33 miles

  • Phillips 66

    1.44 miles

  • Valero

    1.54 miles

  • Phillips 66

    1.82 miles

  • Conoco

    1.89 miles

  • City of Lawrence Lot 14

    0.03 miles

  • Vermont St Garage

    0.09 miles

  • Cithy of Lawrence Parking Lot 2

    0.09 miles

  • City of Lawrence Parking Lot 12

    0.11 miles

  • Riverfront Parking Garage

    0.27 miles

  • Lot 111

    0.48 miles

  • Lot94

    0.66 miles

  • Lot 92

    0.70 miles

  • Mississippi Street Garage

    0.73 miles

  • Lot 124

    0.74 miles

  • Noodles & Co.;Noodle Company

    0.00 miles

  • Jefferson's Lawrence

    0.01 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

  • The Dynamite Saloon

    0.06 miles

  • La Parilla

    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

  • Dillons

    1.92 miles

  • J&V Oriental Market

    1.93 miles

  • Dillons

    2.02 miles

  • Casa Azteca Market

    2.03 miles

  • Natural Grocers

    2.05 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brandon Heck

NAI Heartland