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    Retail Space in Prime Location Title is generated by Realmo AI

    2525 Iowa St, Lawrence, KS

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    Retail space with high traffic and convenient access.

    Type:RETAIL
    Property size:
    36,321 SF
    Lot size:
    5.40 Acres
    Price / SF:
    $410/SF
    Added:
    Nov 24, 2025
    Days on Market:
    199
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 2525 Iowa St

    General Information

    Standard status
    Active
    Size
    36,321 SF
    Lot size
    5.40 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Andrew Sandburg

    Listing agent Andrew Sandburg License #MO 00247701

    Listing office LANE4

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of LANE4

    HighLights

    • High traffic location on Iowa Street (23,500+ CPD).
    • Positioned between the University of Kansas and K‑10 Hwy.
    • Located in Lawrence’s premier retail corridor.
    • Serves a trade area of 179,000+ people.
    • Includes 28,000+ University Students.
    • Easy access to Iowa Street.

    Overview

    This retail space offers easy access to Iowa Street, which sees over 23,500 cars per day. It is conveniently located between the University of Kansas and K-10 Highway, placing it within Lawrence’s primary retail corridor. The location serves a growing trade area encompassing over 179,000 people, including more than 28,000 university students. The property's total size is 36,321 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.09M $30.12
    − Vacancy −$25.2k −$0.69
    EGI $1.07M $29.43
    − OpEx −$320.6k −$8.83
    NOI $748.2k $20.60
    36,321 SF · lease $30.12/SF/yr · vacancy 2.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $10.69M
    $9.35M – $12.47M (±1% cap)
    NOI $748,179 @ 7.0% cap · market cap 5.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Depot Print ... (Bike/Boat/Book/etc) Store Wagmore Parking Lot & Garage CDReload - Online Bitcoin ... Crypto Atm Foods Co Grocery & Convenience Store HuHot Mongolian Grill Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Kroger - Dillon Food Stores, 1015 W 23rd St, Lawrence, KS 66049
    • Charritos Plaza — 2351 W 31st St, Lawrence, KS 66047

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2618
    Latitude
    38.9379

    FAQs

    What type of property is this?
    Shopping center - Retail space with high traffic and convenient access.
    Where is this shopping center located?
    The property is located at 2525 Iowa St Lawrence, KS.
    What is the asking price?
    The asking price for this property is $14,900,000.
    What are key features of this property?
    This property features: High traffic location on Iowa Street (23,500+ CPD).; Positioned between the University of Kansas and K‑10 Hwy.; Located in Lawrence’s premier retail corridor.
    (816) 960-1444 Call to check price and availability
    More about this property
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