1615 S Glenstone Ave - Bank FOR SALE


Springfield, MO 65804- Outer Southeast Springfield
$2,000,000 USD
314-236-5471
1615 S Glenstone Ave, Springfield, MO for Sale
$2,000,000 USD
Bank - FOR SALE
1/2
null | Request Cap Rate

1615 S Glenstone Ave
Springfield, MO 65804
Outer Southeast Springfield


HIGHLIGHTS

  • Multi-tenant Office and Retail Building with Long Term Lease-Back to A+ S&P Rated Tenant
  • Value-Add with Additional Space Available to Lease

OVERVIEW

Located at 1615 S Glenstone Ave, Springfield, MO, this multi-tenant office and retail building presents a prime investment opportunity. The property features a long-term lease-back with an A+ S&P-rated tenant, ensuring stable income. With 16,068 square feet of building space on a 1.808-acre lot, there is additional space available for lease, offering value-add potential. Springfield is an attractive destination for businesses, offering economic development incentives, workforce training support, and a strong commercial infrastructure. The property's location on South Glenstone Avenue provides high visibility and accessibility, making it ideal for retail and office tenants. The surrounding area is home to a thriving business community, and Springfield's cultural and recreational attractions enhance the overall appeal of the location. This investment opportunity combines a strong tenant base, growth potential, and a business-friendly environment, making it a compelling option for investors seeking long-term success.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

106

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,468 SF

ZONING

INC.

APN/PARCEL ID

12-30-411-003

ASK ABOUT THIS PROPERTY

Kyle PershingCushman & WakefieldMore Info
314-236-5471

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Kyle PershingCushman & WakefieldMore Info
314-236-5471

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