Retail Suite in Strip
For Sale
Contact for pricing
1700 S Campbell Ave, Springfield, MO 65807
Suite H is a 1,600 SF retail space with a layout suited for specialty retail, service, or studio-style businesses.
Property Size1,600 SF
Price / SF$140.63
Days on Market242
Property Features for 1700 S Campbell Ave
General Information
Standard status
Active
Size
1,600 SF
Property subtype
RETAIL
Listing Agency:
SVN | Rankin Company, LLC
(417) 887-8826
Listed By:
Jeff Childs, SIOR, CCIM · License #1999029641
(417) 860-5447
Source:
Moodyscre
Added: Jan 23
Changed: Sep 16
Last Checked: Sep 21 at 7:47AM
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.
1700 S. Campbell Avenue, Suite H offers a versatile retail suite within a well-traveled strip center on South Campbell Avenue. The unit features a layout that has previously supported a fused-glass studio and can work for creative, artisan, specialty retail, or service-oriented concepts seeking customer access.
The suite is located near Battlefield Road within an established retail corridor, providing an owner-user the opportunity to secure a dedicated space in a high-demand South Campbell area with surrounding retail and residential density.
This is a straightforward option for businesses looking to operate from their own commercial space in a retail strip environment.
The suite is located near Battlefield Road within an established retail corridor, providing an owner-user the opportunity to secure a dedicated space in a high-demand South Campbell area with surrounding retail and residential density.
This is a straightforward option for businesses looking to operate from their own commercial space in a retail strip environment.
Key Highlights
- 1,600 SF Suite H retail space
- Previously operated as a fused‑glass studio
- Layout suitable for creative, artisan, specialty retail, or service uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,907
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$238,140
$238.1K
Cap Rate 7%
$170,100
$170.1K
Cap Rate 9%
$132,300
$132.3K
Market Conditions
NOI Build-Up for 1,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$17.7K $11.04/SF
− Vacancy
−$654 −$0.41/SF
EGI
$17.0K $10.63/SF
− OpEx
−$5.1K −$3.19/SF
NOI
$11.9K $7.44/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$238,140
Cap Rate 7%
$170,100
Cap Rate 9%
$132,300
Alternative Uses
Best Use
Retail
$170.1K
$148.8K – $198.5K
NOI $11,907 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.5K
$211.3K – $281.7K
NOI $16,904 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Suite H is a 1,600 SF retail space with a layout suited for specialty retail, service, or studio-style businesses.
Where is this retail space located?
The property is located at 1700 S Campbell Ave Springfield, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,600 SF Suite H retail space; Previously operated as a fused‑glass studio; Layout suitable for creative, artisan, specialty retail, or service uses
