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3220 Iowa St, Lawrence, KS - Investment Opportunity

$3,600,000

3220 Iowa St, Lawrence, KS 66046

Active
Last Updated: 08/01/2025

5,200 sqft

Building Size

0.5402 acres

Lot Area

Details:
Building Size:    5,200 sqft
Lot Area:    0.5402 acres
Occupancy:    100%
Year Built:    1995
Floors:    1
Highlights:
  • 5,200 SF retail building
  • NNN Lease in place with national tenant
  • 5 years remain on lease with option to renew
  • Prime location in Lawrence, Kansas
  • Just 1.2 miles south of the University of Kansas
  • Close proximity to major retail chains: Wal-Mart, Hobby Lobby, Target, and Kohl's
Description:

Explore a prime investment opportunity in the heart of Lawrence, Kansas. This 5,200 SF retail building, constructed in 1995, boasts a NNN Lease with a national tenant, ensuring stable income. With 100% occupancy and a lease term of 5 years, plus a renewal option, this property offers a secure and consistent return on investment. Located just 1.2 miles south of the University of Kansas, its prime positioning ensures high visibility and accessibility. Benefit from the close proximity to major retail chains including Wal-Mart, Hobby Lobby, Target, and Kohl's, making it an attractive destination for retail investors seeking a thriving market with a strong tenant base.

Uncover the investment potential surrounding the property at 3220 Iowa St, Lawrence, KS. Nestled in a vibrant area with a strong retail presence, this location offers proximity to renowned destinations like the dynamic downtown district, the thriving University of Kansas campus, and the historic Massachusetts Street, known for its diverse mix of shops, eateries, and local businesses. With a focus on community and a consistent influx of foot traffic, this area presents a lucrative opportunity for retail investors seeking to capitalize on the growth and vitality of Lawrence, KS. Explore the investment possibilities in this flourishing commercial hub.

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