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    56 Sycamore St Lee's Summit, MO 64086

    For Lease
    $16 SF/Yr

    Prime Retail Space, High Traffic Area

    Lot size:
    28,923 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property, located at 56 NE Sycamore St in Lee's Summit, Missouri, 64086, offers a unique investment opportunity. The 28,923 square foot building, constructed in 2000, sits on a generous 3.89-acre lot and boasts a highly desirable location on Douglas Street, experiencing over 24,000 cars per day. Currently, there is 4,861 square feet of vacant space available, with a minimum divisible unit of 1,588 square feet, ideal for a variety of retail or office uses. The property benefits from ample parking and is situated in a thriving area with excellent daytime population and strong demographics. Lee's Summit is recognized as one of the fastest-growing and most desirable submarkets within the Kansas City Metro area. This multi-tenant building provides a strong tenant mix, including established businesses such as Starbucks, Ginger Sue's, Thai Spice, and Lutfi's Fried Fish, creating a vibrant and attractive commercial environment. The property's strategic location and existing tenant base make it an exceptional opportunity for businesses seeking high visibility and access to a substantial customer base. The property is zoned for retail and office use.

    Property Features for 56 Sycamore St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,923 SF
    Total Rate
    38564

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Suite 48
    Size
    1,588 SF
    Rate per SF
    $16

    HighLights

    • Strong daytime population and favorable demographics.
    • High‑traffic location with established national and local co‑tenants including Starbucks, Ginger Sue's, Thai Spice, and Lutfi’s Fried Fish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo Home ... Mortgage Lender Return to Nature Hobby Store

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3796622
    Latitude
    38.9321809

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Traffic Area
    Where is this retail property located?
    The property is located at 56 Sycamore St Lee's Summit, MO.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Strong daytime population and favorable demographics.; High-traffic location with established national and local co-tenants including Starbucks, Ginger Sue's, Thai Spice, and Lutfi’s Fried Fish.;
    Request Owner's contact information
    56 Sycamore St Lee's Summit, MO 64086
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    Lee's Summit, MO 64086
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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
    56 Sycamore St Lee's Summit, MO 64086
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