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- LoopNet Team
2525 Iowa St
Lawrence, KS 66046
Lawrence Shopping Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Anchored by Planet Fitness and Office Depot
- 100% occupied
- 27,000 Cars/Day Passing in Front of Property on Iowa Street
- Triple net leases through 2025 and 2026
- Ease of Management: Only 7 Tenants – NNN Leases – 94% TAX/INS/CAM Recovery
- Complimentary Tenant Mix - Fitness, Food, Active Entertainment, Office Supplies/Electronics, and Specialty Stores
PROPERTY FACTS
ABOUT 2525 IOWA ST , LAWRENCE, KS 66046
Lawrence Marketplace is located less than one-mile south of University of Kansas, the state’s largest university with annual enrollment of over 28,150 students. The subject property is situated within the vibrant retail corridor along Iowa Street which sees over 27,000 vehicles per day. Iowa Street is the major north-south commercial thoroughfare that functions as the primary retail corridor for the south side of Lawrence. Lawrence marketplace is the first substantial shopping center commuters see when entering the corridor from the north and has the most frontage of any multi-tenant center along Iowa Street. Retailers in the immediate vicinity include Target, Walmart, Home Depot, Menards, Kohl’s, Hobby Lobby, Five Below, Ross, T.J. Maxx, Dillon’s and an array of small-shop tenants and quick service providers. Immediate demographics in the surrounding area are dense and mature, with population counts of 13,106 within 1-mile, 75,302 within 3-miles, and 97,113 within 5-miles. Average household income is above the national average at $75,092. Lawrence is located 35 miles west of Kansas City and 25 miles east of Topeka. Lawrence is the county seat of Douglas County and sixth-largest city in Kansas. Lawrence is a college town and the home to both the University of Kansas and Haskell Indian Nations University. More recently, the area has become a hotbed for families moving from Kansas City and surrounding areas. Lawrence is one of the fastest growing cities with population growth of 10.55% since 2010. Lawrence has a diverse economy spanning education, industrial, agricultural, government, finance and scientific research. Most of these are related to the University of Kansas, which is the largest employer in Lawrence.
LINKS
PROPERTY TAXES
| Parcel Number | 023-111-11-0-10-05-001.00-0 | Improvements Assessment | $1,627,458 |
| Land Assessment | $792,193 | Total Assessment | $2,419,651 |
PROPERTY TAXES
Listing ID: 18095811
Date on Market: 1/6/2020
Last Updated:
Address: 2525 Iowa St, Lawrence, KS 66046
The South Lawrence Retail Property at 2525 Iowa St, Lawrence, KS 66046 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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