Retail Suite with Open
For Sale
Contact for pricing
3132 E Sunshine Street, Springfield, MO 65804
Street-facing exposure, curbside parking, and the option to connect with the neighboring suite support flexible use.
Property Size667 SF
Price / SF$1.50
Days on Market77
Property Features for 3132 E Sunshine Street
General Information
Standard status
Active
Size
667 SF
Property subtype
Retail
Site & Location
Neighborhood
Southern Hills
Additional Details
Office Units
1
Property Use
Retail/Office
Building Details
Year Built
1962
Listing Agency:
Reece Commercial
(417) 882-5710
Listed By:
David Redfearn · License #2023018257
(417) 353-9439
Source:
Onefiverealestate
Added: Aug 18
Changed: Nov 1
Last Checked: Nov 1 at 1:45AM
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
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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 unit at 3132 E. Sunshine Street in Springfield has a primarily open floor plan. The adjoining suite can be connected to expand the space. The building dates to 1962.
The property faces East Sunshine Street, with parking available at the curb. Its frontage and open configuration are suited to retail or office use.
The property faces East Sunshine Street, with parking available at the curb. Its frontage and open configuration are suited to retail or office use.
Key Highlights
- Primarily open floor plan
- Frontage on East Sunshine Street in Springfield
- Curbside parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,964
Suggested Prices Based on Cap Rates
Cap Rate 5%
$99,280
$99.3K
Cap Rate 7%
$70,914
$70.9K
Cap Rate 9%
$55,156
$55.2K
Market Conditions
NOI Build-Up for 667 SF
Gross rent
$7.4K $11.04/SF
− Vacancy
−$272 −$0.41/SF
EGI
$7.1K $10.63/SF
− OpEx
−$2.1K −$3.19/SF
NOI
$5.0K $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 Rate 5%
$99,280
Cap Rate 7%
$70,914
Cap Rate 9%
$55,156
Alternative Uses
Best Use
Retail
$70.9K
$62.1K – $82.7K
NOI $4,964 @ 7.0% cap · market cap 496.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$100.7K
$88.1K – $117.5K
NOI $7,047 @ 7.0% cap · market cap 704.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
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
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
Frequently Asked Questions
What type of property is this?
Retail space - Street-facing exposure, curbside parking, and the option to connect with the neighboring suite support flexible use.
Where is this retail space located?
The property is located at 3132 E Sunshine Street Springfield, MO.
What are key features of this property?
This property features: Primarily open floor plan; Frontage on East Sunshine Street in Springfield; Curbside parking available
