Lee's Summit, Missouri: A Premier Destination for Commercial Real Estate

Introduction

Lee's Summit, Missouri, is a thriving hub for commercial real estate (CRE) investment, offering a strategic location within the Kansas City metropolitan area. With a population of over 100,000, the city boasts a diversified economy driven by healthcare, technology, and manufacturing. Its business-friendly environment and rapid growth make Lee's Summit an attractive destination for CRE professionals seeking opportunities in office, industrial, and retail sectors.

Economic and Industry Overview

Lee's Summit's economy is underpinned by a diverse array of industries, including healthcare, technology, and advanced manufacturing. Key players in these sectors drive demand for a variety of commercial property types:

• Healthcare: A major employer in the area, healthcare facilities require significant office and medical space.
• Technology and Innovation: The tech sector's growth fuels demand for modern office spaces and co-working environments.
• Manufacturing and Logistics: Industrial properties are in demand to support manufacturing and distribution operations.

Regional economic development initiatives, such as those led by the Lee's Summit Economic Development Council, provide further support for commercial growth and investment.

Strategic Location and Transportation Infrastructure

Lee's Summit is strategically positioned with access to major transportation networks:

• Highways: Interstate 470 and U.S. Route 50 provide direct connectivity to the broader Kansas City area.
• Airports: Proximity to the Kansas City International Airport enhances logistical advantages for businesses.
• Rail Lines: Access to major rail lines supports manufacturing and distribution activities.

These transportation links offer significant advantages for distribution, access to labor pools, and connectivity to regional markets. For more information, visit the Missouri Department of Transportation.

Commercial Real Estate Inventory & Zoning

Lee's Summit features several key commercial submarkets, including:

• Central Business District (CBD): A hub for office and retail spaces.
• Industrial Corridors: Areas dedicated to manufacturing and warehousing.
• Innovation Districts: Locations fostering tech and startup growth.

Zoning regulations in Lee's Summit are designed to encourage development, with incentives available for certain projects. Interested parties can explore the City of Lee's Summit's Zoning Maps for detailed information.

Major Employers and Institutions

The city's commercial real estate demand is driven by major employers and institutions, including:

• Saint Luke's Health System
• Lee's Summit School District
• University of Central Missouri - Lee's Summit Campus

These entities form the backbone of the local economy, fostering demand for various CRE assets. Additional information can be found on the Lee's Summit Economic Development Council website.

Notable Commercial Developments & Projects

Lee's Summit is home to several significant development projects:

• Paragon Star: A large-scale mixed-use development offering retail, residential, and recreational spaces.
• The Grove at Lee's Summit: A master-planned community with commercial and residential components.

These projects, often supported by public-private partnerships, are reshaping the city's commercial landscape. Details about planning and approved site maps can be accessed via the Lee's Summit Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are available:

• Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Lee's Summit offers a wealth of public data and economic reports available through:

• U.S. Census Bureau
• Lee's Summit Open Data Portal

Brevitas utilizes AI-powered aggregation from public data and internal insights to provide comprehensive dashboards for Lee's Summit. Explore Brevitas-powered insights for the city here.

Why Use Brevitas for Lee's Summit, Missouri CRE?

Brevitas offers a cutting-edge platform for CRE professionals in Lee's Summit, featuring:

• AI-driven CRE discovery: Find properties that meet specific investment criteria.
• Real-time market alerts: Stay informed about the latest opportunities.
• Smart property pages and dealroom collaboration: Streamline transactions.
• Unique Features: Auto-generated listing pages, email and landing page tools, integration with brokers and developers, exclusive listings, and premium exposure.

Discover the benefits of Brevitas for your CRE needs in Lee's Summit, Missouri here.