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Sublease Highlights

  • Located off 150 Highway in a growing suburb of Greater Kansas City.
  • New Walmart Supercenter and multiple other developments in the immediate vicinity.
  • Beautifully maintained neighborhood center.
  • Great opportunity to get in at low market rents.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 873
  • 1,139 SF
  • Negotiable
  • $27.36 CAD/SF/YR $2.28 CAD/SF/MO $31,159 CAD/YR $2,597 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

33,340 SF shopping center on 8.06 acres. Great opportunity to get in at low market rents

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Recent updates completed
Space Size Term Rental Rate Rent Type
1st Floor, Ste 873 1,139 SF Negotiable $27.36 CAD/SF/YR $2.28 CAD/SF/MO $31,159 CAD/YR $2,597 CAD/MO Triple Net (NNN)

1st Floor, Ste 873

Size
1,139 SF
Term
Negotiable
Rental Rate
$27.36 CAD/SF/YR $2.28 CAD/SF/MO $31,159 CAD/YR $2,597 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

33,340 SF shopping center on 8.06 acres. Great opportunity to get in at low market rents

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Recent updates completed

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 1,139 SF
Property Type Retail
Gross Leasable Area 26,829 SF
Total Land Area 8.00 AC
Year Built 2006
Parking Ratio 4.55/1,000 SF
Cross Streets NW Corner of Hwy 150 & Ward Road

About the Property

This 33,340-square-foot shopping center is situated on 8.06 acres in a growing suburb of Greater Kansas City. It presents a great opportunity for tenants to secure space at below-market rental rates. The property has recently undergone updates and is free of any deferred maintenance. Located just off Highway 150, it benefits from strong visibility and accessibility. The center is beautifully maintained and serves as a vibrant neighborhood hub. Additionally, a new Walmart Supercenter and several other developments have recently been established in the immediate vicinity, enhancing the area's commercial appeal.

Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

Snap Fitness 24/7
Scooter's Coffeehouse
Commerce Bank
9Round
Starbucks
Bank of America
Central Bank of the Ozarks
Pizza Shoppe
Five Guys
Bank of Montreal
  • Listing ID: 29168293

  • Date on Market: 2024-01-11

  • Last Updated:

  • Address: 813-899 SW Lemans Ln, Lee's Summit, MO 64082

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