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    3Rd St Lee's Summit, MO 64063

    For Lease
    Contact for pricing

    Prime Downtown Retail Space Available

    Lot size:
    17,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity is located in Lee's Summit, Missouri's highly anticipated downtown mixed-use development on SE 3rd St, zip code 64063. The property, totaling 17,000 square feet, offers multiple tenancy options with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 10,000 square feet. Situated in Jackson County, this vibrant location is poised to benefit from the planned four-season farmer's market, event space, restaurant food hall, and boutique hotel with first-floor retail, all slated to open in Spring 2025. The development's unique daily programming and captivating public amenities will draw significant foot traffic and create a bustling atmosphere. Tenants will have the exciting opportunity to collaborate on design elements, including the outdoor patio area, and potentially participate in public programming, fostering strong community engagement. This is an unparalleled chance to establish a presence in a thriving, dynamic downtown setting. The property's central location and the planned amenities make it an ideal space for restaurants, entertainment venues, and various retail businesses seeking high visibility and strong community interaction.

    Property Features for 0 3Rd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,000 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    10,000 SF
    Space
    Available space
    Size
    7,000 SF

    HighLights

    • High‑profile location within Lee's Summit, MO's premier mixed‑use development.
    • Seven‑day‑a‑week amenity program featuring yoga, live music, children's activities, and special events.
    • Opportunities for collaborative partnerships and public event hosting.
    • Convenient access throughout Lee's Summit and Jackson County.
    • 20‑minute drive to Downtown Kansas City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.37524
    Latitude
    38.91456

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown Retail Space Available
    Where is this retail property located?
    The property is located at 3Rd St Lee's Summit, MO.
    What are key features of this property?
    This property features: High-profile location within Lee's Summit, MO's premier mixed-use development.; Seven-day-a-week amenity program featuring yoga, live music, children's activities, and special events.; Opportunities for collaborative partnerships and public event hosting.
    Request Owner's contact information
    3Rd St Lee's Summit, MO 64063
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    Lee's Summit, MO 64063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3Rd St Lee's Summit, MO 64063
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