1130 Douglas St Lees Summit, MO 64086-4602

This exceptional 6,769 square foot shopping center in Lee's Summit, Missouri presents a compelling investment opportunity. Boasting a 6.75% cap rate and a strong net operating income (NOI) of $208,825, this property offers significant financial returns. Currently 100% occupied by three tenants, including a drive-thru Starbucks as an end cap, the property benefits from triple-net (NNN) leases, minimizing landlord responsibilities. Built in 2007, the center demonstrates long-term tenant commitment, with recent lease renewals securing a 10 and 5-year term. Located in a high-income area of Lee's Summit (average household income exceeding $111,000 within a 5-mile radius), the property enjoys excellent visibility and accessibility. Its strategic location near Lee's Summit North High School (nearly 2,000 students) and Saint Luke's East Hospital (a 238-bed facility) ensures consistent traffic and strong consumer demand. The property is also surrounded by a robust mix of national retailers, including Walmart, Sprouts, PetSmart, Hy-Vee, and many more, further enhancing its desirability and potential for future growth. The asking price is $3,095,000. This is a rare opportunity to acquire a high-performing retail investment in a prime Kansas City suburb.