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1430 W Kearney St 6,000 SF Retail Building Springfield, MO 65803 $826,788 CAD ($137.80 CAD/SF) 8% Cap Rate
Investment Highlights
- High Visibility | High Traffic
Executive Summary
Now available as an investment sale, is this occupied single tenant retail
building. The asset offers strong real estate fundamentals with 34,544 AADT,
dedicated turning lane, new trade area development, amongst others. The
trade area will also be bolstered by the incentives offered within the April
2026 approved “Kearney Street Corridor Re-Development Plan”.
The building envelope enables future flexibility with ± 2,760 sf of the building
being allocated to steel-framed warehouse with loading dock, 12x10 dock
high door, and 17ft high-side eave height. The remaining ± 3,305 sf is built-out
as retail. The building has a new roof (2025), and reliable forced air heating and
cooling. 2025 Taxes were $6,270.10 ($1.03/sf).
building. The asset offers strong real estate fundamentals with 34,544 AADT,
dedicated turning lane, new trade area development, amongst others. The
trade area will also be bolstered by the incentives offered within the April
2026 approved “Kearney Street Corridor Re-Development Plan”.
The building envelope enables future flexibility with ± 2,760 sf of the building
being allocated to steel-framed warehouse with loading dock, 12x10 dock
high door, and 17ft high-side eave height. The remaining ± 3,305 sf is built-out
as retail. The building has a new roof (2025), and reliable forced air heating and
cooling. 2025 Taxes were $6,270.10 ($1.03/sf).
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$66,143
|
$11.02
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $66,143 |
| Annual Per SF | $11.02 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
1972
Price
$826,788 CAD
Price Per SF
$137.80 CAD
Cap Rate
8%
NOI
$66,143 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.30
Lot Size
0.46 AC
Zoning
GC - General Commercial
Parking
12 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
100’ on W Kearney
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Smoke Studio
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Smoke Studio | Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-11-204-006 | Improvements Assessment | $93,056 CAD (2025) |
| Land Assessment | $49,976 CAD (2025) | Total Assessment | $143,033 CAD (2025) |
Property Taxes
Parcel Number
13-11-204-006
Land Assessment
$49,976 CAD (2025)
Improvements Assessment
$93,056 CAD (2025)
Total Assessment
$143,033 CAD (2025)
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1430 W Kearney St
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