Shawnee, KS
Commercial Real Estate Market Trends & Data

$174 Avg asking sale price
$157 Avg asking lease rate
17,258 SF Avg unit lease size
31,248 SF Avg building size for sale
7.35% Average cap rate

Shawnee's Demographic Profile

Shawnee has 25,956 households and a median income of $93,365, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 67,985
# Households 25,956
Median age 40
Median household income $93,365
Avg household size 3.0
Renter-occupied housing units 7,216
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Shawnee, KS

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Shawnee $170 31,558 SF 8.00%
Lenexa $187 27,965 SF 8.00%
Shawnee Mission $183 28,618 SF 8.18%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lenexa $132 42,068 SF 6.50%
Shawnee Mission $122 49,524 SF 6.66%
Nearby Retail Markets Avg Cost/SF Typical Size
Shawnee $260 19,337 SF
Lenexa $278 19,792 SF
Shawnee Mission $230 15,633 SF
Merriam $131 15,305 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lenexa $197 87,198 SF 7.71%
Shawnee Mission $154 33,831 SF 8.78%
Kansas City $155 28,736 SF 8.78%

Commercial Properties For Sale in Shawnee

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Sonic Drive-In | Shawnee, KS

Shawnee, KS 66227

  • 1,573 SF Retail Building
  • 6.00% Cap Rate
  • $1,021,467
For Sale

10841 W 87th St

Overland Park, KS 66214

  • 5,000 SF Office Building
  • 7.47% Cap Rate
  • $499,000
For Sale

Oakbrook Plaza | Overland Park, KS

Overland Park, KS 66204

  • 22,020 SF Retail Building
  • 7.25% Cap Rate
  • $5,105,000
For Sale

2-Building Church w/ Flex Use Potential

Kansas City, KS 66106

  • 7,443 SF Specialty
  • $750,000
For Sale

5651 Broadmoor St

Mission, KS 66202

  • 6,039 SF Office Building
  • $815,000
For Sale

9221 Quivira Rd

Overland Park, KS 66215

  • 24,436 SF Office Building
  • $5,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Shawnee pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Shawnee $174 31,248 SF
Lenexa $218 29,809 SF
Edwardsville $127 6,263 SF
Shawnee Mission $194 28,965 SF
Merriam $118 23,334 SF

Regional Demographic Comparison

This comparison places Shawnee alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Shawnee or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Shawnee 67,985 25,956 40 $93,365 3 7,216 3%
Lenexa 59,657 24,923 40 $97,624 2 10,774 4%
Edwardsville 4,082 1,456 38 $83,110 3 440 -6%
Shawnee Mission 411,439 171,265 40 $94,274 2 62,174 3%
Merriam 11,003 5,085 40 $65,352 2 2,217 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Shawnee, KS and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Shawnee

View All Commercial Real Estate For Sale in Shawnee
Is Shawnee a good market for a first-time commercial real estate investor?

Shawnee offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Shawnee?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Shawnee. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Shawnee?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Shawnee. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Shawnee compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Shawnee. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Shawnee acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Shawnee, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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