Retail Building For Sale Or Lease At Kearney & Glenstone

Highlights:

• SALE PRICE: $995,000
• LEASE RATE: $17.00 – $20.00 SF/yr (NNN)
• AVAILABLE SF: 1,506 – 5,410 SF
• ZONING: General Commercial
• BUILDING SIZE: 5,410 SF
• BASEMENT: 5,000 SF +/-
• RENOVATED: 2025
• SHADOW-ANCHORED: Walmart & Big Shots Golf
• 5-MILE POPULATION: 120,000+

Description:

SVN is pleased to present this newly re-developed retail center for sale and lease in a growing retail area of Northeast Springfield. The property recently got a sharp new modern exterior look. This retail center is just off of the intersection of Glenstone and Kearney with significant newly developed retailers in the last few years and less than 1/2 mile from the headquarters of Bass Pro Shops (Basecamp). The property receives tax abatement as part of the Kearney Street Redevelopment Plan. Reduced real estate taxes to be locked in for 10 years. The building could be leased to a single tenant with 5,410 SF or building can be divided for 2 to 3 tenants down to a minimum of 1,506 SF with a white-box provided by landlord. Pricing to be dependent on size and other terms. *Square footage quoted does not include 5,000+/- sf basement area.

This newly re-development retail center is directly across from Big Shots Golf and shadow-anchored by Walmart Supercenter. The location is just off the intersection of Glenstone and Kearney with new additions of Freddy's, Chick-fil-A, Whataburger, Take 5 Oil Change, 7-Brew & Kum & Go. Also in the immediate area are multiple conference centers and over a thousand hotel rooms in the immediate area including DoubleTree, Fairfield Inn & Suites, Oasis Hotel and Convention, Holiday Inn and more.

Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.

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