Listed by Frank Newman Commercial Real Estate
$3,250,000
Summit Orchard Retail Strip Shops
Details
Property Type Retail
Sub Type Shopping Center, Multi-tenant retail strip
Square Footage 4,850
Net Rentable (SqFt) 4,800
Cap Rate 6.00%
NOI $195,000
Tenancy Multi
Lease Type NNN
Class A
Year Built 2026
Acreage 0.560
Zoning Commercial
Investment Type Stabilized
Tenant Credit Credit Rated, Franchisee
Ground Lease No
Sale Condition For sale by owner
Retail | 6.00% CAP | 4,850 SqFt
Marketing description
Summit Orchard Retail Strip Shops is a brand new retail strip center located at the hard corner of Chipman & Donovan in Lee's Summit, MO. This 4,850 SF property is anchored by Einstein Bagels and Handel's Ice Cream, with brand new retail tenants opening by July 2026.
Investment highlights
- Sale Price: $3,250,000
- NOI: $195,000
- Offered at a 6% cap rate
- Brand new retail tenants open by July 2026
- Hard Corner of Chipman & Donovan
- Brand New Construction
- High Traffic Counts
- Great Visibility and parking
Listing Contacts
Listed by Frank Newman Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,000.00
$16,250.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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