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    1037 S Grant Ave Springfield, MO 65802

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    For Sale
    $763,850

    Triple net lease investment opportunity in Springfield, Missouri.

    Lot size:
    0.38 Acres

    Property Features for 1037 S Grant Ave

    General Information

    Lot size
    0.38 Acres

    Source: Sands Investment Group (SIG) | California Agent Gabe Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Veterinary Clinic Investment Opportunity

    This is an investment opportunity featuring a National Veterinary Associates (NVA) property located at 1037 South Grant Avenue in Springfield, Missouri. The property is corporately guaranteed and operates as NVA Grant Avenue Pet Hospital, a full-service veterinary medical facility. NVA was founded in 1996 and consists of over 800 partnerships throughout the United States, Canada, Australia and New Zealand. The lease is triple net, with annual rental increases and one (5) year option period remaining. The surrounding area is densely populated, with 187,462 residents within a 5-mile radius. Springfield is ranked 3rd out of the top five American cities for job growth by 24/7 Wall Street. The Springfield Missouri Metropolitan Statistical Area (MSA) has a population of over 466,000 people and is the 3rd largest city in Missouri. Total retail sales exceed $4.1 billion annually in Springfield and $5.8 billion in the Springfield MSA. Neighboring tenants include Walmart, Walgreens, Planet Fitness, Chick-fil-A, Dollar General, Bank of America, Bass Pro Shops, AutoZone Auto Parts and Arby’s. The health care industry employs almost 35,000 people (18% of the total workforce) with a $4.5 billion dollar annual economic impact.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rund D J ... Veterinarian Firl Vanessa DVM Veterinarian

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2997032
    Latitude
    37.1958753

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    FAQs

    What type of property is this?
    Medical office - Triple net lease investment opportunity in Springfield, Missouri.
    Where is this medical office located?
    The property is located at 1037 S Grant Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $763,850.
    What are key features of this property?
    This property features: - Corporately guaranteed NVA (National Veterinary Associates) triple net lease investment.; - Annual rental increases with one (5) year option period remaining.; - Located in a densely populated area with 187,462 residents within a 5-mile radius.
    (844) 474-4666
    Request Owner's contact information
    1037 S Grant Ave Springfield, MO 65802
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    Springfield, MO 65802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1037 S Grant Ave Springfield, MO 65802
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