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2525 Iowa St 91,941 SF 100% Leased Retail Building Lawrence, KS 66046 $14,900,000 ($162.06/SF)
INVESTMENT HIGHLIGHTS
- New roof in 2026 with 20-year warranty
- Conveniently positioned between the University of Kansas and K-10 Hwy
- Easy access to Iowa St with over 25,000 CPD
- Serving a growing trade area of 179,000+ people, including 27,000 university students
EXECUTIVE SUMMARY
Lawrence Marketplace is a 100% occupied retail center offering a stable investment opportunity along Iowa Street, Lawrence’s primary commercial corridor. Anchored by Planet Fitness and Savers, the property benefits from strong daily traffic drivers and consistent consumer demand.
The center is situated within Lawrence’s dominant retail corridor and is surrounded by a critical mass of national retailers including Target, Dillon’s/Kroger, Ulta Beauty, Dick’s Sporting Goods, HomeGoods, Hobby Lobby, Kohl’s, TJ Maxx, World Market, Michaels, Menards, and Home Depot.
Lawrence is a dynamic and growing university market, anchored by the University of Kansas with over 27,000 full-time students. With a fully leased rent roll and a supply-constrained retail environment, Lawrence Marketplace is well positioned for long-term performance and future value creation through leasing momentum and rent growth.
The center is situated within Lawrence’s dominant retail corridor and is surrounded by a critical mass of national retailers including Target, Dillon’s/Kroger, Ulta Beauty, Dick’s Sporting Goods, HomeGoods, Hobby Lobby, Kohl’s, TJ Maxx, World Market, Michaels, Menards, and Home Depot.
Lawrence is a dynamic and growing university market, anchored by the University of Kansas with over 27,000 full-time students. With a fully leased rent roll and a supply-constrained retail environment, Lawrence Marketplace is well positioned for long-term performance and future value creation through leasing momentum and rent growth.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
91,941 SF
Building Class
C
Year Built
1974
Price
$14,900,000
Price Per SF
$162.06
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
5.39 AC
Zoning
CS
Parking
189 Spaces (2.06 Spaces per 1,000 SF Leased)
Frontage
599’ on Iowa St
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
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
Parcel Number
023-111-11-0-10-05-001.00-0
Land Assessment
$792,193
Improvements Assessment
$1,627,458
Total Assessment
$2,419,651
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2525 Iowa St
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