Merriam, Kan. — Block & Co. Inc. Realtors has facilitated the sale of two retail properties located in Merriam, approximately eight miles south of downtown Kansas City, Missouri, as part of a larger redevelopment project. Situated on the northeast quadrant of I-35 and Shawnee Mission Parkway, Chipotle Mexican Grill and a Shell gas station occupy the buildings. The buyer was an affiliate of locally based Drake Development. David M. Block of Block & Company represented the seller in both transactions. The proposed redevelopment area is located near Ikea, Hobby Lobby, Baron BMW, Baron MINI, Freddy’s Frozen Custard & Steakburgers and the Merriam Community Center.
Merriam Grand Station & Marketplace, a new $102 million mixed-use development located across the street, was originally acquired by Block & Co. and later sold to Drake Development in 2022. Block & Co. still manages and leases the retail parcels in front of the property, which include Freddy’s Frozen Custard & Steakburgers and Krispy Kreme.