For Sale
Shawnee Mission, KS
Commercial Real Estate Market Trends & Data
$199
Avg asking sale price
$21
Avg asking lease rate
10,339 SF
Avg unit lease size
27,274 SF
Avg building size for sale
6.96%
Average cap rate
Shawnee Mission's Demographic Profile
Shawnee Mission has 171,265 households and a median income of $94,274, 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 | 411,439 |
| # Households | 171,265 |
| Median age | 40 |
| Median household income | $94,274 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 62,174 |
| 5-year population change | +3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Shawnee Mission, KS
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Shawnee Mission | $175 | 30,596 SF | 8.18% |
| Lenexa | $241 | 29,605 SF | 7.47% |
| Shawnee | $150 | 34,818 SF | 7.47% |
| Overland Park | $264 | 27,530 SF | 8.18% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Shawnee Mission | $230 | 17,664 SF |
| Lenexa | $238 | 20,421 SF |
| Shawnee | $197 | 21,245 SF |
| Overland Park | $233 | 17,555 SF |
| Merriam | $84 | 14,506 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Shawnee Mission | $162 | 20,417 SF | 7.25% |
| Lenexa | $275 | 87,198 SF | 7.71% |
| Overland Park | $165 | 24,009 SF | 7.25% |
| Olathe | $197 | 111,115 SF | 7.71% |
Commercial Properties For Sale in Shawnee Mission
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Shawnee Mission pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Shawnee Mission | $199 | 27,274 SF |
| Lenexa | $206 | 28,985 SF |
| Shawnee | $156 | 33,036 SF |
| Overland Park | $220 | 20,833 SF |
| Merriam | $118 | 23,334 SF |
Multifamily Properties For Sale in Shawnee Mission
Regional Demographic Comparison
This comparison places Shawnee Mission 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 Mission or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Shawnee Mission | 411,439 | 171,265 | 40 | $94,274 | 2 | 62,174 | 3% |
| Lenexa | 59,657 | 24,923 | 40 | $97,624 | 2 | 10,774 | 4% |
| Shawnee | 67,985 | 25,956 | 40 | $93,365 | 3 | 7,216 | 3% |
| Overland Park | 203,889 | 84,417 | 40 | $94,966 | 2 | 33,547 | 4% |
| 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 Mission, 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 Mission
View All Commercial Real Estate For Sale in Shawnee Mission
Is Shawnee Mission a good market for a first-time commercial real estate investor?
Shawnee Mission 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 Mission?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Shawnee Mission. 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 Mission?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Shawnee Mission. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Shawnee Mission compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Shawnee Mission. 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 Mission acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Shawnee Mission, 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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