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3340-3350 NE Ralph Powell Rd 18,500 SF 32% Leased Office Building Lee's Summit, MO 64064 $3,295,000 ($178.11/SF)

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Investment Highlights

  • 18,000 +/-SF Office building renovated in 2023 available for sale
  • Current tenant occupies 5,464 +/-SF through March 31, 2031
  • Vacant space has a dock and drive in and was formerly used as an incubator for small businesses
  • 12,574 +/-SF available for lease and can be subdivided 5,554 +/-SF and 7,020 +/-SF
  • Located in an area with dense medical uses
  • Great frontage along Ralph Powell Road with convenient highway access to north and south I-470

Executive Summary

This excellent ±18,000 SF office building offers a rare sale or lease opportunity in a highly desirable area of Lee's Summit that is dense with medical and professional users. A total of ±12,574 SF is currently available for lease with tenant improvement allowance available, and the space can be subdivided into ±5,554 SF and ±7,020 SF to accommodate a variety of users. An existing tenant occupies ±5,464 SF through March 31, 2031, providing stable income. The vacant space, formerly used as a small business incubator, features both dock-high and drive-in access, adding unique flexibility for office, medical, or hybrid users. The property boasts excellent frontage along Ralph Powell Road, convenient access to both northbound and southbound I-470, approximately 84 parking spaces, CP-2 zoning, and recent renovations completed in 2023, making it a turnkey and highly versatile investment opportunity.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,500 SF
Building Class
B
Year Built
2005
Price
$3,295,000
Price Per SF
$178.11
Percent Leased
32%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,500 SF
Building FAR
0.20
Lot Size
2.11 AC
Zoning
CP-2 - Planned Commercial
Parking
84 Spaces (4.54 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 3340
  • 7,020 SF
  • Office
  • Full Build-Out
  • Now

This excellent ±18,000 SF office building offers a rare sale or lease opportunity in a highly desirable area of Lee's Summit that is dense with medical and professional users. A total of ±12,574 SF is currently available for lease with tenant improvement allowance available, and the space can be subdivided into ±5,554 SF and ±7,020 SF to accommodate a variety of users. An existing tenant occupies ±5,464 SF through March 31, 2031, providing stable income. The vacant space, formerly used as a small business incubator, features both dock-high and drive-in access, adding unique flexibility for office, medical, or hybrid users. The property boasts excellent frontage along Ralph Powell Road, convenient access to both northbound and southbound I-470, approximately 84 parking spaces, CP-2 zoning, and recent renovations completed in 2023, making it a turnkey and highly versatile investment opportunity.

  • 1st Fl-Ste 3350
  • 5,554 SF
  • Office
  • Full Build-Out
  • Now

This excellent ±18,000 SF office building offers a rare sale or lease opportunity in a highly desirable area of Lee's Summit that is dense with medical and professional users. A total of ±12,574 SF is currently available for lease with tenant improvement allowance available, and the space can be subdivided into ±5,554 SF and ±7,020 SF to accommodate a variety of users. An existing tenant occupies ±5,464 SF through March 31, 2031, providing stable income. The vacant space, formerly used as a small business incubator, features both dock-high and drive-in access, adding unique flexibility for office, medical, or hybrid users. The property boasts excellent frontage along Ralph Powell Road, convenient access to both northbound and southbound I-470, approximately 84 parking spaces, CP-2 zoning, and recent renovations completed in 2023, making it a turnkey and highly versatile investment opportunity.

Space Size Space Use Condition Available
1st Fl-Ste 3340 7,020 SF Office Full Build-Out Now
1st Fl-Ste 3350 5,554 SF Office Full Build-Out Now

1st Fl-Ste 3340

Size
7,020 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 3350

Size
5,554 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 3340

Size 7,020 SF
Space Use Office
Condition Full Build-Out
Available Now

This excellent ±18,000 SF office building offers a rare sale or lease opportunity in a highly desirable area of Lee's Summit that is dense with medical and professional users. A total of ±12,574 SF is currently available for lease with tenant improvement allowance available, and the space can be subdivided into ±5,554 SF and ±7,020 SF to accommodate a variety of users. An existing tenant occupies ±5,464 SF through March 31, 2031, providing stable income. The vacant space, formerly used as a small business incubator, features both dock-high and drive-in access, adding unique flexibility for office, medical, or hybrid users. The property boasts excellent frontage along Ralph Powell Road, convenient access to both northbound and southbound I-470, approximately 84 parking spaces, CP-2 zoning, and recent renovations completed in 2023, making it a turnkey and highly versatile investment opportunity.

1st Fl-Ste 3350

Size 5,554 SF
Space Use Office
Condition Full Build-Out
Available Now

This excellent ±18,000 SF office building offers a rare sale or lease opportunity in a highly desirable area of Lee's Summit that is dense with medical and professional users. A total of ±12,574 SF is currently available for lease with tenant improvement allowance available, and the space can be subdivided into ±5,554 SF and ±7,020 SF to accommodate a variety of users. An existing tenant occupies ±5,464 SF through March 31, 2031, providing stable income. The vacant space, formerly used as a small business incubator, features both dock-high and drive-in access, adding unique flexibility for office, medical, or hybrid users. The property boasts excellent frontage along Ralph Powell Road, convenient access to both northbound and southbound I-470, approximately 84 parking spaces, CP-2 zoning, and recent renovations completed in 2023, making it a turnkey and highly versatile investment opportunity.

Property Taxes

Property Taxes

Parcel Number
43-840-03-12-00-0-00-000
Land Assessment
$259,840
Improvements Assessment
$769,184
Total Assessment
$1,029,024
  • Listing ID: 31206277

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: 3340-3350 NE Ralph Powell Rd, Lee's Summit, MO 64064

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