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RETAIL/OFFICE SPACE FOR LEASE IN DOWNTOWN 320 W Walnut St 2,000 - 5,000 SF of Office/Retail Space Available in Springfield, MO 65806
Highlights
- Located in Downtown Springfield with strong pedestrian traffic and proximity to dining, retail, and financial institutions.
- Ground-floor location with significant street frontage along Walnut Street for maximum exposure.
- Easy access to surrounding neighborhoods and major transportation routes serving the Springfield metro area.
- Flexible space options available, ideal for retail or office users seeking prime visibility and adaptability.
- Positioned in a redeveloping historic building with residential loft units under construction above.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-5,000 SF | Negotiable | $21.15 CAD/SF/YR $1.76 CAD/SF/MO $105,738 CAD/YR $8,811 CAD/MO | Triple Net (NNN) |
1st Floor
The space consists of up to 5,000 SF available at $15.00/SF NNN. The Landlord will divide the space down to approximately 2,000 SF for a qualified tenant and terms. It is on the first floor and is wide open with possible infill negotiable.
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 40 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at RETAIL/OFFICE SPACE FOR LEASE IN DOWNTOWN
- Tenant
- Description
- US Locations
- Reach
- Thomas Brothers Office Furniture
- Furniture/Mattress
- 1
- -
| Tenant | Description | US Locations | Reach |
| Thomas Brothers Office Furniture | Furniture/Mattress | 1 | - |
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 20,158 SF |
| Min. Divisible | 2,000 SF | Year Built | 1888 |
| Property Type | Retail | Parking Ratio | 0.15/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,000 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,158 SF |
| Year Built | 1888 |
| Parking Ratio | 0.15/1,000 SF |
About the Property
SVN is pleased to offer this retail/office space for lease in Downtown Springfield at 320 W Walnut St. The space consists of up to 5,000 SF available at $15.00/SF NNN. The landlord will divide the space down to approximately 2,000 SF for a qualified tenant and terms. The space is on the first floor and is wide open with possible infill negotiable. Active redevelopment is taking place with 16 lofts being created above the commercial space of the building. This space provides a great opportunity to meet service needs of active residents in the building as well as foot traffic in Downtown. This property is located in Downtown Springfield within walking distance of Flame Steakhouse & Wine Bar, Mudhouse Coffee, Great Southern Bank, Black Sheep Burgers and Shakes, Gailey's Breakfast Café, Hudson Hawk Barber & Shop, and many more. The City of Springfield continues to show continued support in enhancing Downtown Springfield as a viable place for business and leisure. The Downtown population is projected with further growth through 2029 according to LoopNet, adding to the plausibility of the area's stability and outlook.
- Signage
- Monument Signage
Nearby Major Retailers
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RETAIL/OFFICE SPACE FOR LEASE IN DOWNTOWN | 320 W Walnut St
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