Net Leased Restaurant
For Sale
$2,940,000
3242 S Stewart Ave, Springfield, MO 65804
Net leased restaurant investment opportunity near Battlefield Mall.
Property Size6,470 SF
Price / SF$454.40
Days on Market272
Property Features for 3242 S Stewart Ave
General Information
Standard status
Active
Size
6,470 SF
Property subtype
Retail
Listing Agency:
SVN | Rankin Company
(417) 818-8894
Listed By:
Lee McLean III, SIOR, CCIM
(417) 818-8894
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Aug 20 at 5:40AM
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
Investment Insights
Based on property information with market context.
This net-leased restaurant investment property is available for sale. The property is leased to K-Pot Korean BBQ & Hot Pot, which signed a 5-year lease in 2024 and is completing extensive renovations. K-Pot is an expanding restaurant concept with over 160 locations and dozens more under development. The property is located off Glenstone Avenue, south of Battlefield Road, at a busy intersection and retail corridor in Springfield. The surrounding area includes the Primrose Shopping Center, Hampton Inn, Target, Corwin Ford, Talbot, HomeGoods, Chili's, Barnes and Noble, and Olive Garden, along with numerous other local and national businesses. The property is conveniently located less than half a mile from Simon's Battlefield Mall, which features 1.2 million square feet of retail space and over 12 million visitors annually. The building has a size of 6,470 square feet and is situated on a 1.205-acre lot. The lease type is triple net.
Key Highlights
- New 5‑year Triple Net (NNN) lease signed in 2024 with K‑Pot Korean BBQ & Hot Pot.
- High‑traffic location near Glenstone Avenue and Battlefield Road.
- Proximity to Simon's Battlefield Mall and other national retailers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Net leased restaurant investment opportunity near Battlefield Mall.
Where is this restaurant located?
The property is located at 3242 S Stewart Ave Springfield, MO.
What is the asking price?
The asking price for this property is $2,940,000.
What are key features of this property?
This property features: New 5‑year Triple Net (NNN) lease signed in 2024 with K‑Pot Korean BBQ & Hot Pot.; High‑traffic location near Glenstone Avenue and Battlefield Road.; Proximity to Simon's Battlefield Mall and other national retailers.
