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Two-Tenant NNN Retail Building

1826-1830 E Independence Street, Springfield, MO 65804

For Sale
Contact for pricing

The building is fully occupied under NNN leases and fronts a retail corridor visible from Highway 60/James River Freeway.

Property SizeContact for details
Days on Market34

Property Features for 1826-1830 E Independence Street

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood Bradford Park

Additional Details

Cap Rate 7.5%
Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: SVN Rankin Company, LLC
Listed By: Jack Rankin · License #MO 2018038830
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 4:44PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail building has two tenants and is fully occupied. Its lease structure is NNN, providing a defined framework for the existing tenancy.

Located at 1826-1830 E. Independence Street in Springfield, the property is visible from Highway 60/James River Freeway. The surrounding area includes established neighborhoods and a mix of shopping, dining, and daily services.

Key Highlights

  • Two‑tenant retail building
  • 100% occupied
  • NNN lease structure

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,402
Businesses Nearby

Demographics for 65804, MO

40,064
Population
20,118
Households
2
Avg Household Size
40
Median Age
42%
College-Educated
97%
High-School Grad
18.6 sq mi
ZIP Area
2,154
Density / Sq Mi
$58,288
Median Household Income
$40,103
Median Earnings
$898
Median Rent
$227,000
Median Home Value

Market

Average Price Trend$/SF for Retail space in Springfield, MO

$129 Jul
$114 Aug
$136 Sep
$123 Oct

Properties on Market for Retail space in Springfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The building is fully occupied under NNN leases and fronts a retail corridor visible from Highway 60/James River Freeway.
Where is this retail space located?
The property is located at 1826-1830 E Independence Street Springfield, MO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two‑tenant retail building; 100% occupied; NNN lease structure
(417) 860-9951 Call to check price and availability
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