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12087597
12764077

50 Hwy & Chipman Rd (NEQ), Lee's Summit, MO 64086

ZA
MO MO1234, KS ks1234
Block & Company Inc
DB
KS BR00015006
Block & Company Inc
Listed by Block & Company Inc
$35/SF/YR
138 days on market
Updated 11 days ago

Summit Fair Lifestyle Center

Building Details
Property Type Retail
Sub Type Shopping Center, Commercial
Tenancy Multiple
Lease Type NNN
Class A
Total Building SqFt 510,020
Min Divisible SqFt 5,030
Max Contiguous SqFt 11,476
Vacant SqFt 29,031
Year Built 2009

Spaces

Retail | 12 spaces available | 1,038 SqFt - 11,476 SqFt

Building description

Premier Regional Retail Center Summit Fair serves as the premier lifestyle retail center in Lee's Summit, drawing shoppers from across eastern Jackson County and surrounding communities. The center's strong tenant mix, modern design, and regional accessibility have established it as a top shopping destination within the Kansas City metropolitan area.

Recent Leasing Velocity Summit Fair has experienced significant leasing activity and tenant demand, with nearly 25% of the GLA executing new leases since 2022. New additions including Lululemon, Sephora, Ancho & Agave, Lovesac, and Image Studios highlight continued retailer confidence in the center's long-term performance.

High Visiblity Retail Corridor Positioned along the NE quadrant of Highway 50 and Chipman
Road, Summit Fair benefits from outstanding visibility and consistent daily traffic volumes. Multiple signalized access points and strong signage opportunities provide retailers with maximum exposure to both passing traffic and destination shoppers.

Modern Lifestyle Center Developed between 2009 and 2017, Summit Fair offers a contemporary open-air retail environment featuring attractive architecture, pedestrian-friendly walkways, and inviting public gathering spaces designed to encourage longer customer dwell times and repeat visits.

Building highlights

  • 1,038 SF - 5,030 SF Spaces and Pad Sites Available For Lease
  • Summit Fair is an 90.5% leased lifestyle center featuring strong national, regional, and local tenancy
  • The tenant mix encompasses a diversified mix of retailers including sporting goods, apparel, restaurants, entertainment, services, fitness, healthcare, beauty, specialty, and shadowanchored by large department and home furnishing stores.
  • Summit Fair is a major retail traffic-driving shopping center that draws over 4.3 million visits annually according to Placer.ai data, in the top 7% of shopping centers in Missouri. Furthermore, the center’s Dick’s (#4), DSW (#1), McAlister’s (#6), Kay Jewelers (#1), Pure Barre (#1), and shadow anchor JCPenney (#7) all rank in the top 70th percentile for visits in the state of Missouri.
  • With almost 25% of the GLA signing new leases since 2022, including Lululemon, Sephora, Ancho & Agave, Lovesac, Image Studios, and others, the center has enjoyed significant recent leasing momentum. Lululemon recently executed a renewal, transitioning from a temporary to a long term store showing commitment to the center
  • Premier Regional Retail Center: Summit Fair serves as the premier lifestyle retail center in Lee’s Summit, drawing shoppers from across eastern Jackson County and surrounding communities. The center’s strong tenant mix, modern design, and regional accessibility have established it as a top shopping destination within the Kansas City metropolitan area.
  • Recent Leasing Velocity: Summit Fair has experienced significant leasing activity and tenant demand, with nearly 25% of the GLA executing new leases since 2022. New additions including Lululemon, Sephora, Ancho & Agave, Lovesac, and Image Studios highlight continued retailer confidence in the center’s long-term performance.
  • High Visiblity Retail Corridor: Positioned along the NE quadrant of Highway 50 and Chipman Road, Summit Fair benefits from outstanding visibility and consistent daily traffic volumes. Multiple signalized access points and strong signage opportunities provide retailers with maximum exposure to both passing traffic and destination shoppers.
  • Modern Lifestyle Center: Developed between 2009 and 2017, Summit Fair offers a contemporary open-air retail environment featuring attractive architecture, pedestrian-friendly walkways, and inviting public gathering spaces designed to encourage longer customer dwell times and repeat visits.
  • Strong and Growing Demographics: Lee’s Summit is one of the fastest-growing and most affluent communities in the Kansas City metro area, supported by a highly educated workforce, strong homeownership rates, and above-average household incomes. These favorable demographics continue to drive strong retail demand and consumer spending within the trade area.
  • Undeveloped Pads & Few Remaining Vacancies : With only a small number of remaining vacancies and several potential development pads, Summit Fair offers future growth opportunities for retailers, restaurants, hospitality, and mixed-use concepts. These opportunities allow new tenants to join a thriving retail ecosystem while benefiting from the center’s established traffic and brand recognition

Listing Contacts

ZA
MO MO1234, KS ks1234
Block & Company Inc
DB
KS BR00015006
Block & Company Inc
Listed by Block & Company Inc

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Additional Information

Name
Zach Albrecht
License
MO1234
Brokerage
Block & Company, Inc., Realtors
Title
Development & Investment Specialist
Brokerage Address
605 West 47th Street
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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