

Parkway Shopping Center
Parkway Shopping Center | Fully Leased | 7.2% CAP | Shawnee, KS (Kansas City MSA)
Marketing description
Crossroads Real Estate Group is pleased to present the exclusive listing of Parkway Shopping Center, a premier retail investment opportunity in Shawnee, Kansas. Parkway Shopping Center provides investors with reliable, predictable cash flow thanks to a new, freshly executed 10 year lease to Burlington and a renewal that Harbor Freight initiated over 18 months early.
Three tenant spaces comprise the shopping center’s total 88,505 square feet of net-rentable area, delivering a diversified, value-oriented merchandising mix. Burlington is relocating from a neighboring center and expects to open in early 2027. Other tenants include Harbor Freight, in place since 2004 and City Thrift, in place since 2017.
Ideally situated along the dynamic Shawnee Mission Parkway commercial corridor, the property enjoys high visibility, robust consumer traffic, and excellent accessibility near major highways. As a retail hub with convenient proximity to key North Johnson County communities, the Shawnee Mission Parkway corridor promises to draw customers from an expansive consumer base. This established trade area benefits from the region’s high concentration of national retailers.
Investment highlights
High Demand Location | Concentration of compatible retailers
Tenant Longevity | 8.8 Year Average Remaining Term
Ideal Tenant Base | Well-aligned to surrounding demographics
Exceptional Condition | $3.6M+ capex mitigates near term cost risk
Convenient Accessibility | I-35 within 1.5 miles
Attractive Economics | Long-term NNN Structure
Potential Tax Rebate Program Eligibility | See NTRA program details in deal file
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