Deer Brook Plaza (the “Property”) is a, twobuilding,
53,327-square-foot inline retail center
located along the east side of Highway 291 in
Lee’s Summit, Missouri. The Property was built
in 1993 and is currently 91% occupied by 20
tenants. The offering presents an opportunity for
an investor to purchase a stabilized retail center
in one of the city’s strongest retail corridors
with a strong occupancy history and below
market rents.
Total SF: 53,327
Year Built: 1993
Occupancy: 91%
Tenants: 20
Buildings: 2
Parking Ratio: 5.7:1,000
Sale Price: $7,500,000
Net Operating Income $599,438
In-Place Cap Rate 8.00%%; Average Rent Per Square Foot $12.86 (NNN)
