1301 Douglas St, Lees Summit, MO 64086-4607
Douglas Square offers exceptional office and retail space in the thriving Lee's Summit submarket. This Class A, single-story center totals 54,955 square feet, with 18,176 square feet currently vacant. Multiple tenancy options are available, ranging from a minimum of 1,443 square feet to a maximum contiguous space of 4,515 square feet, making it ideal for businesses of various sizes. The property boasts a highly desirable location on NE Douglas Street, immediately south of I-470, providing unparalleled access and visibility. Its strategic placement near major employers and popular restaurants, including Saint Luke's East Hospital, Culver's, Sonic, Starbucks, Waffle House, and a new Whataburger, ensures high traffic and strong potential for customer engagement. Three separate, well-lit entrances enhance accessibility for both tenants and customers. The property's convenient location and proximity to I-470 make it an attractive option for businesses seeking a prominent presence in one of the Kansas City Metro area's top retail destinations. No elevators are present in this single-story building. This is a unique opportunity to establish a presence in a vibrant and rapidly growing area. The property is classified as Retail, Office, and Restaurant, with subtypes including Traditional Office, Medical Office, Retail, and Strip Center.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.