1815 N Glenstone Ave - Freestanding FOR SALE


Springfield, MO 65803- Outer North Springfield
$450,000 USD
417-501-5091
1815 N Glenstone Ave, Springfield, MO for Sale
$450,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

1815 N Glenstone Ave
Springfield, MO 65803
Outer North Springfield


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

HC

APN/PARCEL ID

12-07-415-038

ASK ABOUT THIS PROPERTY

Adam GraddyKeller Williams Realty Greater SpringfieldMore Info
417-501-5091

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Adam GraddyKeller Williams Realty Greater SpringfieldMore Info
417-501-5091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.