3050 Iowa St Lawrence, KS 66046-4160

This exceptional 5,123-square-foot freestanding restaurant building presents a unique sublease opportunity in Lawrence, Kansas. Situated on a substantial 72,187-square-foot lot at the prominent intersection near 31st & Iowa Streets, this Class A property enjoys a prime location within Lawrence's thriving retail corridor. Built in 2020, the building boasts a complete renovation, including a new HVAC system and a modern kitchen hood. The property includes an existing patio, perfect for outdoor dining. The lease term extends through March 31, 2036, offering long-term stability. This highly visible location benefits from proximity to major retailers such as Home Depot, Best Buy, IHOP, Petco, World Market, and Aldi, ensuring high foot traffic and excellent brand visibility. The lease rate is $24.70 per square foot, triple net (NNN), with estimated NNN expenses of $8.40 per square foot. The single-story building is zoned PCD and is part of Douglas County. This is an unparalleled chance to establish or expand a restaurant business in a vibrant and well-established commercial area. The substantial lot size offers ample parking and potential for future expansion. Don't miss this opportunity to secure a prime location in a high-demand market.