631 S Glenstone Ave, , MO Springfield, MO 65802

This exceptional investment opportunity features a 2,157 square foot Starbucks building situated on a 0.8-acre lot at 631 S Glenstone Ave, Springfield, MO 65802. The property boasts a corporate lease with Starbucks, with over seven years remaining and an early five-year renewal option, ensuring consistent income. The lease includes 10% rental increases every five years, providing significant long-term growth potential. This location benefits from exceptional visibility and high traffic counts, with nearly 39,000 cars passing daily on Glenstone Avenue at the corner of Cherry Street. The property is strategically located in a thriving Springfield trade area, only one mile from Missouri State University (27,000 students) and Evangel University (2,700 students), and two miles from downtown Springfield. The surrounding area is experiencing significant population growth, projected at 2-3% within a one-mile radius, further enhancing the investment's value. The building itself underwent a complete remodel in 2023, presenting a modern and attractive space for the tenant. The asking price is $2,149,000, and the property generates a net operating income of $120,317. This is a rare opportunity to acquire a high-performing, well-located Starbucks investment with a strong lease and significant upside potential.