Starbucks - Lawrence, KS
SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a newly constructed, 15-year net leased Starbucks located in Lawrence, Kansas ("the property"). The property consists of a 2,225 SF building on a .90-acre parcel. This rare, 15-year Starbucks lease includes six (6), five year renewal options and 7% rental escalations every five years during the primary term.
The property is strategically located on the A.M. side of West 6th St U.S. Route 59 (27,325 VPD), the east-west thoroughfare for the city of Lawrence. The site is across the street from Lawrence Country Club and some of the most valuable homes in Lawrence, as well as just 3-minutes from the University of Kansas, the area's largest employer, with 29,355 students and 13,736 employees. The proximity to the University ensures a steady flow of daily commuter traffic past the site.