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Clear-Span Industrial Warehouse
For Lease
$8 SF/Yr NNN

1401 W Olive Street, Springfield, MO 65802

A heated shop with pull-through grade-level access, three-phase power, and a separate office with bathroom and shower.

Space Size6,180 SF
Days on Market841

Property Features for 1401 W Olive Street

General Information

Standard status Active
Size 6,180 SF
Net Rentable 6,180 SF
Zoning HM, Heavy MFG
Lease Type NNN

Space & Availability

Available Space 6,180 SF
Contiguous Space 6,180 SF
Space Use Industrial

Lease Terms

Lease Rate $8 /SF/YR
Monthly Rent $4,120
Rent per SF/Year $8

Site & Location

Neighborhood Zone 1
Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 20 ft
Clear Span Yes
Drive-In Doors 2
Three-Phase Power Yes
Drive-In Door Height 14.75 ft

Taxes and HOA fees

Annual Taxes $4,501

Building Details

Building Size 6,180 SF
Year Built 1968
Buildings 1
Construction pre-engineered steel
Listing Agency: Reece Commercial - Springfield
Listed By: Mark Patrick · License #1999127595
Source: Jimhutchesonrealtors
Added: Jul 13, 2024 Changed: Oct 31 Last Checked: Oct 31 at 3:36AM

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 Reece Commercial - Springfield

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Investment Insights

Based on property information with market context.

The 6,180-square-foot warehouse was built in 1968 with pre-engineered steel construction, insulated clear-span space, and a 20-foot eave height. Two grade-level doors, each 19 feet wide by 14 feet 9 inches tall, have openers and support pull-through access. The building also includes a heated shop, exhaust fan, and a small office with a bathroom and shower.

The property has a fenced, graveled lot and HM, Heavy MFG zoning. Springfield City Utilities supplies the utilities. The lease is structured as NNN.

Key Highlights

  • 6,180‑square‑foot industrial warehouse built in 1968
  • Two grade‑level doors, each 19 ft. wide X 14 ft. 9 inches tall, with openers
  • 20‑ft eve height with insulated, clear‑span pre‑engineered steel construction

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Grocery & Convenience Store Nail Salon Garden 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

20 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Springfield, MO

$10.81 /SF/Yr
Avg Asking Price
$5.24–$28 /SF/Yr
Price Range
14,541 SF
Avg Space Size

This space is priced 26% below the average of $10.81 /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

Similar Off Market Nearby

  • Store-More Self Storage — 2201 W College St, Springfield, MO 65806
  • College Street Mobile Mini Park-Storage — 1909 W College St, Springfield, MO 65806

Frequently Asked Questions

What type of property is this?
Warehouse - A heated shop with pull-through grade-level access, three-phase power, and a separate office with bathroom and shower.
Where is this warehouse located?
The property is located at 1401 W Olive Street Springfield, MO.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 6,180‑square‑foot industrial warehouse built in 1968; Two grade‑level doors, each 19 ft. wide X 14 ft. 9 inches tall, with openers; 20‑ft eve height with insulated, clear‑span pre‑engineered steel construction
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