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Retail Space with High Visibility
For Lease
$12 SF/Yr NNN

2937 East Chestnut Expressway, Springfield, MO 65802

Retail spaces available on East Chestnut Expressway with high traffic.

Space Size1,200 SF
Property Size28,800 SF
Days on Market282

Property Features for 2937 East Chestnut Expressway

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 28,800 SF
Year Built 1985

Spaces For Lease

at 2937 East Chestnut Expressway Contact us

2935 $12/SF/Yr

Size
1,200 SF
Type
Street Retail
Term
Negotiable
Contact us

2937 $12/SF/Yr

Size
1,200 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: SVN | Rankin Company, LLC
Listed By: Lee McLean III, SIOR, CCIM · License #2009010579
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 30 at 3:58PM

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.

Located on East Chestnut Expressway, just west of Highway 65, this retail center offers spaces with high visibility. Situated on the route connecting the Central Business District and universities to East Springfield and US Highway 65, the property benefits from significant traffic flow, with over 33,000 vehicles per day. Available spaces range from 1,200 to 3,600 square feet at a lease rate of $12.00 per square foot NNN. The property is zoned Industrial Commercial (IC). The location is less than half a mile from U.S. 65, providing access to the surrounding region and direct access to the central business district, including city and county offices and university campuses. Recent developments near Highway 65 include Costco, Menards, Whataburger, and Mr. Car Wash. The spaces were previously leased as a dispensary and feature additional security measures, including a vault, making them suitable for another dispensary, a pawn shop, or other retailers requiring enhanced security. The building size is 28,800 square feet, situated on a 2.52-acre lot.

Key Highlights

  • High Traffic Count: Boasting 33,694 vehicles per day, this property offers excellent visibility.
  • Strategic Location: Less than 1/2 mile from U.S. 65 with immediate access to the central business district, universities, and city/county offices.
  • Security Features: Enhanced security measures and a vault make this space suitable for businesses requiring extra protection.

Property Analytics

Current Use

BDI Department Store

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon

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

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby

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

$16.1 /SF/Yr
Avg Asking Price
$8–$40 /SF/Yr
Price Range
10,963 SF
Avg Space Size

This space is priced 25% below the average of $16.1 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available on East Chestnut Expressway with high traffic.
Where is this retail space located?
The property is located at 2937 East Chestnut Expressway Springfield, MO.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High Traffic Count: Boasting 33,694 vehicles per day, this property offers excellent visibility.; Strategic Location: Less than 1/2 mile from U.S. 65 with immediate access to the central business district, universities, and city/county offices.; Security Features: Enhanced security measures and a vault make this space suitable for businesses requiring extra protection.
More about this property
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