Building Details

Year Built 2024

Tenancy Multi

Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Jun 10, 2024 Changed: Aug 17 Last Checked: Aug 24 at 9:26PM

Report an Issue

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This retail space, encompassing 650 square feet, is available for purchase. The property offers a 5.50% capitalization rate.

Key Highlights

• New construction retail property built in 2024
• Retail property
• 5.50% CAP Rate

Property Analytics

Property Profile

Current Use

Swig Cafe & Coffee Shop

Suggested Use

Top Pick Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store Auto Repair Shop

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

885

Businesses Nearby

164k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 75% Groceries 12% Shops & Services 12%

Walmart Superstores

123,813 visits/mo 0.5 miles

Sprouts Farmers Market Groceries

20,431 visits/mo 0.5 miles

PetSmart Shops & Services

11,762 visits/mo 0.5 miles

Party City Shops & Services

8,327 visits/mo 0.5 miles

Demographics for 64063, MO

20,965

Population

9,104

Households

2.3

Avg Household Size

36

Median Age

34%

College-Educated

95%

High-School Grad

6.1 sq mi

ZIP Area

3,437

Density / Sq Mi

$77,966

Median Household Income

$47,877

Median Earnings

$1,151

Median Rent

$242,800

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Religious Facility on Planned Industrial Land

Lees Summit, MO 64064

$2,000,000

10,274 SF

View details

Renovated Office Building

Lees Summit, MO 64063

$1,150,000

0.36 Acres

View details

Updated Duplex with Full Basement

Lees Summit, MO 64081

$349,750

1,818 SF

View details

Salon Property with Detached Office

Lees Summit, MO 64063

$999,950

0.26 Acres

View details

Office Unit with TNZ Zoning

Lees Summit, MO 64063

$364,900

0.14 Acres

View details

Medical Office Building with Elevator

Lees Summit, MO 64082

$2,050,000

0.83 Acres

View details

Freestanding Bank Building with Drive-Thru

Lees Summit, MO 64063

Contact for pricing

2,111 SF

View details

Industrial Warehouse with Outside Storage

401 SE Fleetway Dr, Lees Summit, MO 64081

Contact for pricing

8,100 SF

View details

Two-Story Twin Villa Duplex

Lees Summit, MO 64063

$690,000

0.28 Acres

View details

Flex Space with Showroom

Lees Summit, MO 64081

$1,350,000

1.60 Acres

View details

Fully Leased NNN Strip Mall

801-815 NE Lakewood Blvd, Lees Summit, MO 64064

Contact for pricing

10,934 SF

View details

Lakewood Center Shopping Center

Lees Summit, MO 64064

Contact for pricing

11,518 SF

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for purchase, offering a 5.50% CAP.

Where is this retail space located?

The property is located at 400 NW Chipman Rd Lees Summit, MO.

What is the asking price?

The asking price for this property is $1,645,000.

What are key features of this property?

This property features: New construction retail property built in 2024; Retail property; 5.50% CAP Rate