Property profile

1229 Douglas St Lee's Summit, MO 64086

OFF-MARKET
Retail properties & Spaces
11,000 SF Built 2011
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Property summary

AI-generated overview

This exceptional 1,619 square foot office space is available for lease in a recently renovated (2020) building located at 1229 NE Douglas St, Lee's Summit, MO 64086. Situated in Jackson County, this single-tenant space is part of an 11,000 square foot building constructed in 2011. The previous tenant left the space in turnkey condition, ready for immediate occupancy. The property benefits from its location on one of Lee's Summit's busiest commercial corridors, Douglas Street, providing excellent visibility and accessibility. Its proximity to major thoroughfares, including Interstate I-470, ensures convenient commuting for employees and clients. Furthermore, the location is within a half-mile radius of St. Luke's East Hospital and Lee's Summit North High School, offering a strategic advantage for businesses targeting a diverse clientele. Local management and ownership provide responsive service and flexible lease terms are available. Please note that due to parking limitations, this space is not suitable for restaurants, fitness centers, or salons. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located office space in a thriving community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2011
Total area 11,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1229 Douglas St Lee's Summit, MO 64086
Lee's Summit metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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