Auto Dealership with
For Sale
Contact for pricing
6801 Hedge Lane Ter, Shawnee, KS
15,000 SF auto dealership with showroom and service area.
Property Size15,000 SF
Lot Size2.42 Acres
Price / SF$200
Days on Market533
Property Features for 6801 Hedge Lane Ter
General Information
Standard status
Active
Size
15,000 SF
Lot size
2.42 Acres
Property subtype
RETAIL
Listing Agency:
Lee & Associates | Kansas City
(913) 453-3200
Listed By:
Josh Koch · License #00239919
(816) 500-4684
Source:
Moodyscre
Added: Mar 26, 2025
Changed: Aug 15
Last Checked: Sep 8 at 9:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Kansas City
Investment Insights
Based on property information with market context.
This property features a 15,000 square foot auto dealership with a showroom and service area. It is located at K7 and Shawnee Mission Parkway.
Key Highlights
- 15,000 SF Auto Dealership for sale
- Features a Showroom
- Includes a Service Area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,001
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,900,020
$2.9M
Cap Rate 7%
$2,071,443
$2.1M
Cap Rate 9%
$1,611,122
$1.6M
Market Conditions
NOI Build-Up for 15,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$216.0K $14.40/SF
− Vacancy
−$8.9K −$0.59/SF
EGI
$207.1K $13.81/SF
− OpEx
−$62.1K −$4.14/SF
NOI
$145.0K $9.67/SF
Area
Johnson County, KS
Vacancy
4.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,900,020
Cap Rate 7%
$2,071,443
Cap Rate 9%
$1,611,122
Alternative Uses
Best Use
Retail
$2.07M
$1.81M – $2.42M
NOI $145,001 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$805.7K
$705.0K – $939.9K
NOI $56,396 @ 7.0% cap · market cap 1.88%
Theoretical Best
Office A
$3.63M
$3.18M – $4.24M
NOI $254,120 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cenex
Shops & Services
3,849 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Midas — 6300 Nieman Rd, Shawnee, KS 66203
- Midas Shawnee, ks — 6300 Nieman Rd, Shawnee, KS 66203
- Cottman Transmission and Total Auto Care — 6320 Nieman Rd, Shawnee, KS 66203
- Hi-Tech Auto Transmission Service Center — 6320 Nieman Rd Suite A, Shawnee, KS 66203
- Action Tire & Service - Shawnee — 10823 Shawnee Mission Pkwy, Shawnee, KS 66203
Frequently Asked Questions
What type of property is this?
Auto shop - 15,000 SF auto dealership with showroom and service area.
Where is this auto shop located?
The property is located at 6801 Hedge Lane Ter Shawnee, KS.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 15,000 SF Auto Dealership for sale; Features a Showroom; Includes a Service Area
