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850 NE Swann Rd Lees Summit, MO 64086

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For Sale
$1,800,000

Retail property in Lees Summit, MO with corporate guarantee.

Property size:
5,106 SF
Lot size:
0.63 Acres

Property Features for 850 NE Swann Rd

General Information

Size
5,106 SF
Lot size
0.63 Acres

Source: CP Partners Agent John Andreini

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lees Summit Retail Investment

This retail property features a 15-year absolute net lease with corporate and personal guarantees. The lease includes 10% rental increases every 5 years. The property is occupied by Kid City USA, an early childhood education provider with over 140 locations nationwide. The location benefits from affluent demographics, with average household incomes of $120,000 within a 5-mile radius. Nearby national retailers include Walmart, Home Depot, Sprouts, PetSmart, and Hobby Lobby. The property offers excellent intrinsics, featuring replaceable rent at $24 per square foot and a low price per foot at $352 per square foot. The property size is 5,106 square feet.
Location Intelligence

Current Use by Public Records

Kid City USA ... Day Care Center

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Hy-Vee Floral

Location Insight

  • Map
  • Local Demand
City
Lees Summit
County
Cass
State
Missouri
Longitude
-94.3590351
Latitude
38.9277003

FAQs

What type of property is this?
Storefront property - Retail property in Lees Summit, MO with corporate guarantee.
Where is this storefront property located?
The property is located at 850 NE Swann Rd Lees Summit, MO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - 15-year absolute net lease featuring corporate and personal guarantees; - 10% rental increases every 5 years providing a hedge against inflation; - Excellent intrinsics – replaceable rent ($24/SF) & low price per foot ($352/SF)
More about this property
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