24th Iowa St Lawrence, KS 66046
- Lifestyle centers
- 50,116 SF
- 4.90 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 24th Iowa St
- Lot size
- 4.90 lot acres
- Property size
- 50,116 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 50,116 square foot shopping center in Lawrence, Kansas, presents a compelling investment opportunity. Located at the intersection of 24th & Iowa Street (2329-2339 Iowa Street, zip code 66046), this property boasts a prominent location with high visibility and accessibility. The center features a substantial 23,200 square feet of net rentable space, including a 23,200 square foot end cap anchor space and 2,550 square feet of in-line space. The 4.9-acre lot enjoys a daily traffic count of 24,900 vehicles on Iowa Street, further enhanced by prominent pylon signage. This shopping center benefits from its strategic location near the University of Kansas, a major draw with approximately 29,000 students and 19,000 employees. The property's tenant mix includes regional and national brands such as Texas Roadhouse, Salon Centric, Party America, and Game Nut Entertainment. It also enjoys proximity to a robust retail environment including Natural Grocers, Walmart Supercenter, Home Depot, Target, Menards, Best Buy, Kohl's, Ross Dress for Less, and JCPenney. Ample parking is available, and pole signage opportunities exist on Iowa Street. The asking price is $2,500,000. Aggressive rental rates reflect the property's position in Lawrence's busiest retail corridor. This is a rare chance to acquire a thriving retail center in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawrence
- County
- Douglas
- State
- Kansas
- Longitude
- -95.2624
- Latitude
- 38.9411
