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Licata Professional Building 207 3rd st 270 - 1,790 SF of Retail Space Available in Lee's Summit, MO 64063
HIGHLIGHTS
- Downtown Lee's Summit
- Ease of access
- Beautiful building architecturally
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 270-1,790 SF | 9’ - 10’ | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $39,380 /YR $3,282 /MO | Full Service |
1st Floor
The Licata Professional building is highly recognized in downtown Lee's Summit with its beautiful architecture and ease of access. The entry corridor is inviting and welcoming with tenants Just Frame It, Licata's Flowers and a Hair Salon. The owner is willing to split the 1,790 sq. ft into small retail or offices of 270, 640, 880 sq ft. See attached conceptual floor plan. Tenants will have access to the back parking lot. This is an amazing opportunity to have a retail business or office in award winning downtown Lee's Summit, right across from Green Street Farmers Market and Plaza.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Space In Need of Renovation
- High Ceilings
- Finished Ceilings: 9’ - 10’
- Downtown Lee's Summit
- Hard to find small lease space!
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,790 SF | Gross Leasable Area | 11,594 SF |
| Min. Divisible | 270 SF | Year Built | 2012 |
| Property Type | Retail |
| Total Space Available | 1,790 SF |
| Min. Divisible | 270 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,594 SF |
| Year Built | 2012 |
ABOUT THE PROPERTY
The Licata Professional building is highly recognized in downtown Lee's Summit with its beautiful architecture and ease of access. The entry corridor is inviting and welcoming with tenants Just Frame It, Licata's Flowers and a Hair Salon. The owner is willing to split the 1,790 sq. ft into small retail or offices of 270, 640, 880 sq ft. See attached floor plan. Tenants will have access to the back parking lot. This is an amazing opportunity to have a retail business or office in award winning downtown Lee's Summit, right across from Green Street Farmers Market and Plaza.
NEARBY MAJOR RETAILERS
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Licata Professional Building | 207 3rd st
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