First-Floor Retail/Office
For Lease
$15 SF/Yr
320 W Walnut St, Springfield, MO 65806
First-floor retail/office suite offers a wide-open layout with possible infill and subdivision down to approximately 2,000 SF.
Space Size5,000 SF
Property Size20,158 SF
Lot Size0.13 Acres
Days on Market79
Property Features for 320 W Walnut St
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.13 Acres
Property subtype
Retail
Zoning
CC
Lease Type
NNN
Lease Term
NNN
Building Details
Building Size
20,158 SF
Year Built
1884
Spaces For Lease
at 320 W Walnut St Contact us- Size
- 5,000 SF
- Type
- Street Retail
- Term
- Negotiable
320 W Walnut St $15/SF/Yr
Listing Agency:
SVN | Rankin Company, LLC
Listed By:
Lee McLean III, SIOR, CCIM
(417) 818-8894
Source:
Svn
Added: Jun 18
Changed: Aug 27
Last Checked: Sep 4 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Rankin Company, LLC
Investment Insights
Based on property information with market context.
SVN is pleased to offer a retail/office space for lease in downtown Springfield at 320 W Walnut St. The space is located on the first floor and features a wide-open interior with possible infill negotiable. The landlord will divide the space down to approximately 2,000 SF for a qualified tenant, with a larger available range up to 5,000 SF.
Active redevelopment is taking place above the commercial space, with 16 lofts being created in the building. The offering is positioned for serving service needs associated with the active residents in the building and capturing foot traffic in downtown. Zoning is Center City (CC).
Active redevelopment is taking place above the commercial space, with 16 lofts being created in the building. The offering is positioned for serving service needs associated with the active residents in the building and capturing foot traffic in downtown. Zoning is Center City (CC).
Key Highlights
- Retail/office space for lease at 320 W Walnut St in Downtown Springfield
- Up to 5,000 SF available on the first floor, with the ability to divide to approximately 2,000 SF
- Lease rate is $15.00/SF/yr NNN; estimated NNN: TBD
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,215
Businesses Nearby
Explore this area
Business Placement
Demographics for 65806, MO
12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value
Market
Lease Benchmarks for Springfield, MO
$14.76 /SF/Yr
Avg Asking Price
$8–$28 /SF/Yr
Price Range
10,550 SF
Avg Space Size
This space is priced 2% above the average of $14.76 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - First-floor retail/office suite offers a wide-open layout with possible infill and subdivision down to approximately 2,000 SF.
Where is this retail space located?
The property is located at 320 W Walnut St Springfield, MO.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Retail/office space for lease at 320 W Walnut St in Downtown Springfield; Up to 5,000 SF available on the first floor, with the ability to divide to approximately 2,000 SF; Lease rate is $15.00/SF/yr NNN; estimated NNN: TBD
