Industrial Properties in Lee's Summit, Missouri, offer a unique opportunity for investors seeking to capitalize on the city's strategic location and growing economy. As a hub for healthcare, education, and transportation, Lee's Summit provides an ideal environment for industrial properties to thrive. These properties can represent a range of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. With its proximity to major highways, including I-470, US 40, US 50, Route 150, Route 291, and Route 350, Lee's Summit offers easy access to regional and national markets. The city's strong educational institutions, such as Longview Community College and the University of Central Missouri, provide a skilled workforce, while its healthcare sector, led by Lee's Summit Medical Center and Saint Luke's East Hospital, ensures a steady demand for industrial spaces. Additionally, the city's amenities, including the Lee's Summit Municipal Airport and the Summit Technology Center, make it an attractive location for businesses and entrepreneurs.
With 3 Industrial Properties for sale in Lee's Summit, investors have a range of options to choose from. The city's industrial properties offer an average price per square foot of $140 USD and an average size of 52,877 square feet, with the largest property spanning 113,400 square feet. The average cap rate for these properties is 6.96%. In addition to Industrial Properties, Lee's Summit also offers Warehouses, with their own unique characteristics and investment opportunities. The city is also home to Land, Apartment Buildings, and Commercial Real Estate, each with its own advantages and potential for growth. Overall, Lee's Summit's diverse range of properties and strong economy make it an attractive location for investors seeking to capitalize on the city's growth and development.
What is the average price per square foot for industrial properties in Lee's Summit?
The average price per square foot for industrial properties in Lee's Summit is $140 USD, with 3 available listings, offering a range of sizes from 52,877 square feet to 113,400 square feet, and an average cap rate of 6.96%.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Lee's Summit, Missouri, as they directly impact the ease of doing business, logistics, and supply chain management.
- Proximity to major roads, such as I-470, US 40, US 50, Route 150, Route 291, and Route 350, can increase industrial property values due to improved accessibility and reduced transportation costs.
- The presence of the Lee's Summit Municipal Airport and the Lee's Summit Amtrak station provides additional transportation options, making industrial properties in the area more attractive to businesses that rely on air and rail transportation.
- In Lee's Summit, industrial properties with easy access to transportation infrastructure tend to have higher values, with an average price per square foot of $140 USD and an average size of 52,877 square feet, making them more desirable to investors and businesses alike.
