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5542-5600 Hedge Lane Ter 68,661 SF 93% Leased Retail Building Shawnee, KS 66226 $6,400,000 ($93.21/SF) 6.60% Cap Rate

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Executive Summary

This is a rare opportunity to acquire a high occupancy, well positioned retail center along the K 7 corridor in Shawnee, Kansas - one of Kansas City metro’s most stable and desirable suburban submarkets. 93% occupancy, the property offers strong in place cash flow and immediate potential upside through lease-up of the remaining vacancy and continued rental growth in a tightening retail market

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
68,661 SF
Building Class
B
Year Built
1998
Price
$6,400,000
Price Per SF
$93.21
Cap Rate
6.60%
NOI
$422,461
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
6.21 AC
Zoning
C-1
Parking
278 Spaces (4.05 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

KID STOP is the answer to all of your child care needs. Whether you need last minute daycare for work or just a night out with your friends, KID STOP is the solution for you. At KID STOP your child can enjoy a variety of activities. They can play a game of hoops in our mini-basketball court or catch a great Disney film in our movie theatre. Our arts and craft room is designed for creative minds and hands. For all the gamers out there, our Arcade is the place to be. Let's not forget our youngest family members. Our infant room is set up for your baby with a separate sleeping area. So if you need someone to help you with your kids while you are working out, getting your hair and nails done, or just need a night out with your friends, KID STOP is the answer for you.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 5554
  • 1,290 SF
  • Restaurant
  • In-Line
  • Now

Restaurant space

  • 5570
  • 3,876 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
5554 1,290 SF Restaurant In-Line Now
5570 3,876 SF Retail - Now

5554

Size
1,290 SF
Space Use
Restaurant
Position
In-Line
Available
Now

5570

Size
3,876 SF
Space Use
Retail
Position
-
Available
Now

5554

Size 1,290 SF
Space Use Restaurant
Position In-Line
Available Now

Restaurant space

Property Taxes

Property Taxes

Parcel Number
QP50330000-0005
Land Assessment
$208,112
Improvements Assessment
$676,948
Total Assessment
$885,060
  • Listing ID: 39561756

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 5542-5600 Hedge Lane Ter, Shawnee, KS 66226

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