1815 N Glenstone AVE new Save Request In-Person Tour Request Virtual Tour
Springfield,MO 65803
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60297382
Full Baths 2
Year Built 1984
Annual Tax Amount $8,315
Tax Year 2024
Lot Size 0.740 Acres
Property Sub-Type Retail
Property Description
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.
Location
State MO
County Greene
Area 3034
Zoning INC
Interior
Heating Forced Air,Natural Gas
Cooling Electric,Central Air
Exterior
Parking Features 20+ Spaces,Parking Area
Fence Partial
Utilities Available Sewer Available,High Speed Internet,Natural Gas Available,Electricity Available,Water Available
Waterfront Description None
View City
Roof Type Composition