Medical/Office Space For
For Sale
$4,000,000
1741 NE Douglas St Lee's, Lees Summit, MO 64086
Commercial real estate suitable for medical or office use.
Property Size17,307 SF
Days on Market140
Property Features for 1741 NE Douglas St Lee's
General Information
Standard status
Active
Size
17,307 SF
Property subtype
9/21/2026
Building Details
Building Size
17,307 SF
Year Built
2026
Listing Agency:
Cushman & Wakefield | Kansas City
Listed By:
Suzanne Dimmel
(816) 412-0271
Source:
Cushmanwakefield
Added: May 21
Changed: Sep 24
Last Checked: Oct 5 at 3:17PM
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 Cushman & Wakefield | Kansas City
Investment Insights
Based on property information with market context.
This commercial real estate is suitable for medical or office space. The property is available for sale.
Key Highlights
- Suitable for medical or office use.
- Commercial real estate opportunity.
- New Construction: Built in 2026.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,349
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,166,980
$4.2M
Cap Rate 7%
$2,976,414
$3.0M
Cap Rate 9%
$2,314,989
$2.3M
Market Conditions
NOI Build-Up for 17,307 SF
Gross rent
$394.6K $22.80/SF
− Vacancy
−$47.4K −$2.74/SF
EGI
$347.2K $20.06/SF
− OpEx
−$138.9K −$8.03/SF
NOI
$208.3K $12.04/SF
Area
Lees Summit, MO
Vacancy
12.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,166,980
Cap Rate 7%
$2,976,414
Cap Rate 9%
$2,314,989
Alternative Uses
Best Use
Healthcare Medical
$2.98M
$2.60M – $3.47M
NOI $208,349 @ 7.0% cap · market cap 5.21%
Second Best
Office B
$2.61M
$2.29M – $3.05M
NOI $182,944 @ 7.0% cap · market cap 4.57%
Theoretical Best
Specialty Retail
$4.39M
$3.84M – $5.12M
NOI $307,476 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64086, MO
23,957
Population
9,992
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
37.8 sq mi
ZIP Area
634
Density / Sq Mi
$107,098
Median Household Income
$56,470
Median Earnings
$1,417
Median Rent
$288,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial real estate suitable for medical or office use.
Where is this medical office space located?
The property is located at 1741 NE Douglas St Lee's Lees Summit, MO.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Suitable for medical or office use.; Commercial real estate opportunity.; New Construction: Built in 2026.
