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3340-3350 NE Ralph Powell Rd 18,500 SF 100% Leased Office Building Lee's Summit, MO 64064 $3,050,000 ($164.86/SF)



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 Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,500 SF
Building Class
B
Year Built
2005
Price
$3,050,000
Price Per SF
$164.86
Percent Leased
100%
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)
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 43-840-03-12-00-0-00-000 | Improvements Assessment | $769,184 |
| Land Assessment | $259,840 | Total Assessment | $1,029,024 |
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
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Contact the Sale Advisor
3340-3350 NE Ralph Powell Rd

