Multi-Tenant Value-Add Opportunity | Near University of Kansas
Blue West Capital is pleased to present the exclusive listing for Park Plaza Shopping Center, a 73,487-square-foot multi-tenant retail center in Lawrence, Kansas. The property is anchored by national tenants Dollar Tree, Sherwin-Williams, and McAlister’s Deli, with the majority of tenants operating under NNN lease structures. Approximately 20% vacancy provides meaningful value-add potential through lease-up and future NOI growth.
Park Plaza is prominently located at the signalized intersection of Iowa Street and W 27th Street, with more than 33,000 combined VPD, less than one mile from the University of Kansas and its 31,000+ students. The property sits along one of Lawrence’s primary retail corridors and is surrounded by national retailers including Target, Walmart, DICK’S Sporting Goods, The Home Depot, and Menards.
