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Retail Investment with 8.35% Cap
For Sale
Contact for pricing
Pending

150 Hwy & SW Ward Rd, Lees Summit, MO 64082

For-sale retail property with approximately 33,340 SF and an 8.35% cap rate.

Property Size33,340 SF
Days on Market120

Property Features for 150 Hwy & SW Ward Rd

General Information

Standard status Pending
Size 33,340 SF
Property subtype Retail

Additional Details

Cap Rate 8.35%
Listing Agency: Block & Company Inc
Listed By: Phil Peck, CCIM · License #KS SP00229985
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Aug 7 at 10:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block & Company Inc

Investment Insights

Based on property information with market context.

This for-sale retail property is offered with an 8.35% cap rate and totals approximately 33,340 SF.

The property is located at 150 Hwy & SW Ward Rd in Lee's Summit, Missouri 64082.

The listing is presented as a retail asset, with the provided materials highlighting the overall size and the stated cap rate for underwriting purposes.

Key Highlights

  • Retail property for sale with approximately 33,340 SF
  • Stated 8.35% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Garden Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 31% Dining 23%
Hy-Vee Groceries
59,789 visits/mo 0.5 miles
QuikTrip Shops & Services
58,219 visits/mo 0.4 miles
Freddy's Frozen Custard & Steakburgers Dining
20,688 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
13,524 visits/mo 0.3 miles
Hardee's Dining
9,980 visits/mo 0.3 miles

Demographics for 64082, MO

17,973
Population
6,735
Households
2.7
Avg Household Size
38
Median Age
56%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
877
Density / Sq Mi
$132,310
Median Household Income
$67,869
Median Earnings
$1,738
Median Rent
$380,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property with approximately 33,340 SF and an 8.35% cap rate.
Where is this retail space located?
The property is located at 150 Hwy & SW Ward Rd Lees Summit, MO.
What are key features of this property?
This property features: Retail property for sale with approximately 33,340 SF; Stated 8.35% cap rate
(816) 753-6000 Call to check price and availability
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