

AT&T Lee's Summit
Retail | 6.5% CAP | AT&T (corporate) & Rodgers Jewelers | 4,500 SF
Marketing description
Investors will discover this investment possesses the best type of security… location. It’s a pad across the street from Summit Wood’s Crossing (+820k sf). Kansas City metropolitan area’s most visited Super-Regional Center with 11.92 visits/sf annually. Lee’s Summit is one of the metro areas fastest growing suburbs with over 100,000 residents and a variety of major employers contributing to the local economy (school district – 2,886, Homeland Security – 2,200, US Citizenship and Immigration Services/National Benefits Center – 1,500, GEHA – 1,313, University Health Lakewood Medical Center – 1,206, John Knox Village retirement community – 1,000). The front elevation of the property faces over 78,000 vpd on 50 Highway.
Investment highlights
Both tenants have operated at this location since it was place in service in Q4-2002.
Corporate AT&T lease guarantee.
Annual Rent Bumps.
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