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Warehouse with Vacant Suite
New
For Lease
$6.25 SF/Yr

1515 W Division St, Springfield, MO 65802

Industrial warehouse combining an occupied portion with a substantial vacant area for future operations or redevelopment.

Space Size35,500 SF
Property Size71,599 SF
Days on Market2

Property Features for 1515 W Division St

General Information

Standard status Active
Size 35,500 SF
Net Rentable 35,000 SF
Property subtype Industrial - Warehouse/Distribution
Lease Type NNN

Space & Availability

Available Space 35,000 SF
Contiguous Space 35,000 SF
Space Use Warehouse

Lease Terms

Lease Rate $6.25 /USD/SF/YR
Monthly Rent $18,229
Rent per SF/Year $6.25

Additional Details

Warehouse Space 35,000 SF

Building Details

Building Size 71,599 SF
Year Built 1997

Spaces For Lease

at 1515 W Division St Contact us

35,500 SF for Lease $6.25/SF/Yr

Size
35,500 SF
Type
Industrial
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Rankin Company
Listed By: Jack Rankin · License #2018038830
Source: Commercialcafe
Added: Sep 1 Last Checked: Sep 2 at 1:56PM

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

Investment Insights

Based on property information with market context.

Built in 1997, this 71,599-square-foot warehouse includes approximately 35,500 square feet occupied under a new 10-year lease signed in November 2023. The remaining approximately 35,000 square feet is vacant warehouse space that can support an owner-user or future reconfiguration.

The property is positioned at the northeast corner of Division Street and N Kansas Expressway in Northwest Springfield, Missouri. The intersection records a combined traffic count exceeding 39,000 vehicles per day. Nearby businesses and public-sector facilities include O’Rielly Auto Parts, City Utilities, Paul Mueller Company, Carsten Auto Glass, and the Greene County Highway Department.

Key Highlights

  • 71,599 SF warehouse building constructed in 1997
  • Approximately 35,500 SF occupied under a new 10‑year lease signed in November 2023
  • Approximately 35,000 SF of vacant warehouse space

Property Analytics

Current Use

Home Outlet Building Supply

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Building Supply Spa & Massage Center

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
$0.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby
Under-served
Demand for This Use

Demographics for 65802, MO

48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value

Market

Lease Benchmarks for Springfield, MO

$11.22 /SF/Yr
Avg Asking Price
$6.25–$28 /SF/Yr
Price Range
14,790 SF
Avg Space Size

This space is priced 44% below the average of $11.22 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • ACCESS RV & BOAT STORAGE 1819 W Division St, Springfield, MO 65802
  • Pack-N-Stack Mini Storage of Springfield - Commercial St 628 W Chase St, Springfield, MO 65803

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse combining an occupied portion with a substantial vacant area for future operations or redevelopment.
Where is this warehouse located?
The property is located at 1515 W Division St Springfield, MO.
What is the lease rate?
The lease rate is $6.25 SF/Yr.
What are key features of this property?
This property features: 71,599 SF warehouse building constructed in 1997; Approximately 35,500 SF occupied under a new 10‑year lease signed in November 2023; Approximately 35,000 SF of vacant warehouse space
More about this property
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