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Retail Space
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616 E Madison St, Springfield, MO 65806

Retail space available for lease at 616 E Madison St in Springfield, MO with 1,500 SF of space.

Property Size1,500 SF
Days on Market1443

Property Features for 616 E Madison St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

TI Allowance $30 /SF
Listing Agency: SVN | Rankin Company, LLC
Listed By: Arch Watson · License #2009010579
Source: Moodyscre
Added: Aug 18, 2022 Changed: Jul 30 Last Checked: Jul 30 at 7:03AM

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.

Retail space is available for lease at 616 E Madison St in Springfield, MO. The space totals 1,500 SF.

The lease rate includes an infill allowance, which can be relevant for tenants planning buildout or improvements as part of occupancy.

For prospective tenants seeking a straightforward retail footprint, this offering provides a single, defined space size and a lease structure that incorporates an infill allowance.

Key Highlights

  • 1,500 SF retail space
  • For lease
  • Infill allowance included in the lease rate

Property Analytics

Current Use

WestEdge Apartment Building Mercy Sports Medicine ... Medical Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop Garden Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,474
Businesses Nearby

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

$13.97 /SF/Yr
Avg Asking Price
$3.05–$40 /SF/Yr
Price Range
18,509 SF
Avg Space Size

This space is priced 43% above the average of $13.97 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease at 616 E Madison St in Springfield, MO with 1,500 SF of space.
Where is this retail space located?
The property is located at 616 E Madison St Springfield, MO.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,500 SF retail space; For lease; Infill allowance included in the lease rate
(417) 773-9022 Call to check price and availability
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