5520 Hedge Ln Ter Shawnee, KS 66226-2253
This exceptional free-standing retail building, located at 5520 Hedge Lane Terrace in Shawnee, Kansas, presents a unique leasing opportunity. The property totals 6,356 square feet and is currently fully vacant, offering complete flexibility for a new tenant. The building features a Class B construction, built in 2000, and sits on a 0.83-acre lot. The space is divisible, with a minimum leasable area of 2,244 square feet and a maximum contiguous space of 4,112 square feet. The building is comprised of two suites. Ample parking is available for customers and employees. This property boasts a highly visible location along a busy K-7 highway, offering immediate interchange access and strong visibility. Its proximity to a Walmart further enhances its appeal. The building's previous use as a bank provides a solid foundation for various retail conversions, including the potential for a drive-thru. The ground floor encompasses 4,112 square feet, while an additional 2,244 square feet is available in the basement. The location offers easy access to major thoroughfares and is situated within a vibrant commercial district, close to amenities such as Shawnee Mission Park and the Shawnee Town 1929 museum. The surrounding area provides a diverse range of dining, shopping, and entertainment options, creating a dynamic and attractive environment for businesses. This property is ideal for a business seeking high visibility and convenient access in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Shawnee, KSShawnee. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.