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Hawaiian Bros - Lawrence, KS 1501-1503 W 23rd St 2 859 pi² Commerce de détail Immeuble Lawrence, KS 66046 5 665 070 $ CAD (1 981,49 $ CAD/pi²) 6,50% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- New 20-Year, Absolute NNN Corporate Sale-Leaseback
- High-Performing Store | Excellent Rent-to-Sales Metrics
- Strong College Town Market with Recession-Resistant Drivers
- Second Store in the Chain (#2)
- Prime University Retail Corridor
- Rapidly Expanding Fast-Casual Tenant
RÉSUMÉ DE L'ANNONCE
SHOP Companies is pleased to offer for sale the Hawaiian Bros located at 1501 W 23rd Street in Lawrence, Kansas, structured as a 20-year, absolute NNN corporate sale-leaseback with Hawaiian Bros Inc. This property represents the second Hawaiian Bros restaurant in the system, operating continuously since the brand’s launch year and remaining one of its most successful and established locations. The lease will be executed at closing under a new 20-year absolute NNN structure with 10% rent escalations every five years, including all four 5-year renewal options.
Situated along West 23rd Street, one of Lawrence’s highest-traffic retail corridors, the property benefits from immediate proximity to the University of Kansas, located less than one mile away. The area is home to major national retailers such as Chick-fil-A, Raising Cane’s, QDOBA, Starbucks, Walmart, and Texas Roadhouse, driving consistent daily activity from both students and local residents.
Lawrence, Kansas, serves as a stable and vibrant college town market supported by a steady university population and diverse employment base. The city continues to grow as both an educational and cultural hub, combining strong consumer demand with an expanding regional economy.
As one of the brand’s earliest and highest-performing stores, the Lawrence location remains a cornerstone within the Hawaiian Bros portfolio. The company now operates 65+ units nationwide, with over 250 additional restaurants committed through multi-unit franchise development across more than 50 markets.
This offering presents an opportunity to acquire a corporate-operated, long-term net lease backed by a rapidly expanding national restaurant brand with proven performance in a dynamic university-driven submarket.
In Association with ParaSell, Inc. | A Licensed Kansas Broker #CO00002998
Situated along West 23rd Street, one of Lawrence’s highest-traffic retail corridors, the property benefits from immediate proximity to the University of Kansas, located less than one mile away. The area is home to major national retailers such as Chick-fil-A, Raising Cane’s, QDOBA, Starbucks, Walmart, and Texas Roadhouse, driving consistent daily activity from both students and local residents.
Lawrence, Kansas, serves as a stable and vibrant college town market supported by a steady university population and diverse employment base. The city continues to grow as both an educational and cultural hub, combining strong consumer demand with an expanding regional economy.
As one of the brand’s earliest and highest-performing stores, the Lawrence location remains a cornerstone within the Hawaiian Bros portfolio. The company now operates 65+ units nationwide, with over 250 additional restaurants committed through multi-unit franchise development across more than 50 markets.
This offering presents an opportunity to acquire a corporate-operated, long-term net lease backed by a rapidly expanding national restaurant brand with proven performance in a dynamic university-driven submarket.
In Association with ParaSell, Inc. | A Licensed Kansas Broker #CO00002998
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Condition de vente
Cession-bail
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce de détail
Taille du bâtiment
2 859 pi²
Classe d’immeuble
B
Année de construction/rénovation
2005/2018
Prix
5 665 070 $ CAD
Prix par pi²
1 981,49 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
368 230 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,06
Taille du lot
1,15 AC
Zonage
CS, Lawrence
Stationnement
49 places (17,14 places par 1 000 pi² loué)
Façade
45’ sur W 23rd St
COMMODITÉS
- Service au volant
Walk Score®
Très pratique à pied (82)
Bike Score®
Très cyclable (86)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 023-111-12-0-20-01-002.00-0 | Évaluation des bâtiments | 256 192 $ CAD |
| Évaluation du terrain | 309 177 $ CAD | Évaluation totale | 565 369 $ CAD |
Impôts fonciers
Numéro de lot
023-111-12-0-20-01-002.00-0
Évaluation du terrain
309 177 $ CAD
Évaluation des bâtiments
256 192 $ CAD
Évaluation totale
565 369 $ CAD
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Hawaiian Bros - Lawrence, KS | 1501-1503 W 23rd St
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