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Commercial > Retail
Active
07/11/2025
List Price
$1,900,000

12119 Johnson Dr
Shawnee, KS 66216

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  • Malobo BannerMalobo Banner Square
    12119 Johnson Dr, Shawnee, KS 66216 is a 17,254 ft² commercial retail property property built in 1967 on a 0.580 acre lot with 2 construction permits. This commercial retail property is currently on the market for $1,900,000, and it was last sold in 2020.

    MLS Description

    The listing agent's description. Original Listing

    This fully occupied retail strip mall with an 7.76% Capitalization Rate (CAP Rate) presents an enticing investment opportunity. Here are the key details about this property: Prime Location: The property benefits from a high traffic count, which is excellent for attracting customers and ensuring visibility for the businesses within the strip mall. Owner Occupied with Long-Term Tenants: The fact that the building is owner-occupied and has five additional tenants on long-term leases is a positive sign for investors. Long-term leases provide stability and a steady income stream. Recent Upgrades: The property has seen recent upgrades, including a new roof, windows, flooring, lighting, garage doors and interior/exterior paint. These updates can help reduce maintenance costs and enhance the overall appeal of the strip mall. Versatile Spaces: The presence of three drive-in garages (each 10x10 in size), office spaces, a kitchen, and an unfinished basement provides versatility for various types of businesses. This versatility can attract a diverse range of tenants. Income Potential: The 8% CAP Rate is a key metric for investors, indicating a potentially favorable return on investment relative to the property's price. Low Vacancy Risk: Given the long-term leases in place, the risk of vacancies is reduced, providing a more stable income stream for investors.

    Listing Agents

    The listing agent for 12119 Johnson Dr is Haley Epps.

    Permits

    12119 Johnson Dr has 2 permit records.

    Permit History
    2
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    12119 Johnson Dr has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 12119 Johnson Dr

    School Information

    Public/private schools serving 12119 Johnson Dr

    Neighborhood

    This property is located in 66216.

    Market Trends

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    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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