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1815 N Glenstone Ave
Springfield, MO 65803
Retail Property For Sale
EXECUTIVE SUMMARY
Prime commercial opportunity in high-traffic corridor! This 3,034 SF freestanding retail/restaurant building is ideally situated on a 0.74-acre signalized corner lot along Glenstone Ave—one of Springfield's busiest thoroughfares with daily traffic counts exceeding 32,000 VPD. Zoned HC, this property offers maximum exposure and accessibility with three ingress/egress points and full drive-thru capability. The building is serviced by three HVAC units and has access to gas, electric, public water/sewer, and high-speed internet. Site offers ample surface parking and features a new HVAC. Purcell Tire has a 3-year lease with (3) 3-year extensions, with 2.5% increases each year. First year rent is $42,000 NNN annually. Offered at a 9.3 CAP rate. Don't miss this high-visibility, high-impact commercial asset in a thriving part of Springfield.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,034 SF
Building Class
B
Year Built
1984
Price
$628,164 CAD
Price Per SF
$207.04 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.74 AC
Zoning
HC - Highway Commercial
Parking
20 Spaces (6.59 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 12-07-415-038 | Improvements Assessment | $49,692 CAD |
| Land Assessment | $135,444 CAD | Total Assessment | $185,136 CAD |
PROPERTY TAXES
Parcel Number
12-07-415-038
Land Assessment
$135,444 CAD
Improvements Assessment
$49,692 CAD
Total Assessment
$185,136 CAD
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