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3253 E Chestnut Expy Springfield, MO 65802

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For Sale
$22,500,000

162,312 SF office building with many amenities.

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Listing Contact
Lee Mclean Iii, Sior, Ccim
Source: Svn

Listing Agent: Lee Mclean Iii, Sior, Ccim

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

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Overview

Four-Story Office Building For Sale

The Frisco Building, a 162,312 square foot, four-story office building in Springfield, Missouri, is available for sale. The property features many amenities and has undergone significant updates and infills in recent years. The current tenant mix includes well-known regional and national companies. In addition to standard units, the building includes a restaurant/cafe, a fitness center with showers, and a shared training/meeting room. The building has a rentable area of approximately 117,544 square feet and sits on a 7.84-acre lot with approximately 600 parking spaces. The property is currently 80% occupied, with a 3-year average occupancy of 95%. The office building is strategically located at the interchange of Chestnut Expressway and U.S. Highway 65, providing quick access to the Springfield Business District and the surrounding region. The property has been well-maintained by an onsite ownership group, with significant and ongoing capital improvements made regularly. The facility is located along U.S. Highway 65 on Chestnut Expressway, within a 15-minute drive of a population exceeding 150,000. This location offers immediate access to the central business district of Springfield, Missouri, including city and county offices and university campuses. Recent developments in the area include Costco, Menards, Whataburger, and Mr. Car Wash.
Location Intelligence

Current Use by Public Records

Secure Insurance Group Insurance Agency The Alchemedia Project Marketing & Advertising Dairy Farmers of America Production Facility Scott Aaron Galligos, ... Pediatrician Infused Catering by ... Take-out & Catering

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

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  • Local Demand
City
Springfield
County
Greene
State
Missouri
Longitude
-93.2280663
Latitude
37.2104143

FAQs

What type of property is this?
Office building - 162,312 SF office building with many amenities.
Where is this office building located?
The property is located at 3253 E Chestnut Expy Springfield, MO.
What is the asking price?
The asking price for this property is $22,500,000.
What are key features of this property?
This property features: - High average occupancy rate of 95% over the last 3 years.; - Strategic location at the interchange of Chestnut Expressway and U.S. Highway 65, providing excellent access to the Springfield Business District and surrounding areas.; - Significant and ongoing capital improvements by an onsite ownership group.
More about this property
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