Listing Agency: R.B. Murray Company r***@rbmurray.com Show Phone

Listed By: Ryan Murray Show Phone

Source: Moodyscre

Added: Nov 18, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:45AM

Report an Issue

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 R.B. Murray Company

Investment Insights

Based on property information with market context.

This retail space is located on East Republic Road, near the Medical Mile. The development encompasses approximately 38,000 square feet and features a mix of national and local businesses. Current tenants include Char Steakhouse and Oyster Bar, Harem & Company, and Architect Coffee Co. The available space offers 1,562 square feet and is suitable for retail use.

Key Highlights

• Prime location on East Republic Road
• Located on the edge of Medical Mile
• Mix of national and local upscale businesses

Property Analytics

Property Profile

Current Use

Carr Physical Therapy ... Rehabilitation Center STORD Freight (Bike/Boat/Book/etc) Store Heartland Business Systems IT Consulting Firm Cory Brendon Carr Physician

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Storage Facility HVAC Service Catering Service (Bike/Boat/Book/etc) Store

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

$2.32 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,021

Businesses Nearby

Explore this area Business Placement

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 11% 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Two-Level Office Suite with Parking

222 E Water St, Springfield, MO 65806

$14.50 SF/Yr

5,240 sqft

View details

First-Floor Retail/Office Space

320 W Walnut St, Springfield, MO 65806

$15 SF/Yr

5,000 sqft

View details

Auto Retail Space with Two Garage Doors

1058 W Sunshine, Springfield, MO 65807

$2,500/Mo

1,288 sqft

View details

Retail Space with Open Layout

105-1717 E Cherokee St, Springfield, MO 65807

$13 SF/Yr

1,530 sqft

View details

Updated Professional Office Suite

H-1901 E Bennett St, Springfield, MO 65807

$2,434/Mo

2,850 sqft

View details

Medical Office Suite With Exam Rooms

4955 S National Ave, Springfield, MO 65810

$18 SF/Yr

1,799 sqft

View details

Class A Office Suite in Office Complex

3809 S Greystone Court, Springfield, MO 65804

$1,100/Mo

585 sqft

View details

Retail Space on Kansas Expressway

2718 North Kansas Expressway, Springfield, MO 65803

$26 SF/Yr

4,000 sqft

View details

Medical Office Suite with Exam Rooms

2734 E Sunshine Street, Springfield, MO 65804

$85,322/Mo

4,612 sqft

View details

Climate-Controlled Office Warehouse Flex

1810 East Pythian Street, Springfield, MO 65802

$12 SF/Yr

10,920 sqft

View details

Professional Office Space Near Medical Mile

1354 E Kingsley St, Springfield, MO 65804

$17 SF/Yr

1,500 sqft

View details

Office/Warehouse Space Near I-44

3747 W Chestnut Expy, Springfield, MO 65802

$8.50 SF/Yr

11,026 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail space available in prime East Republic Road location.

Where is this retail space located?

The property is located at 1602 E Republic Road Springfield, MO.

What is the lease rate?

The lease rate is $15.50 SF/Yr.

What are key features of this property?

This property features: Prime location on East Republic Road; Located on the edge of Medical Mile; Mix of national and local upscale businesses