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    Springfield Retail Spaces for Lease Title is generated by Realmo AI

    3512-3550 S National, Springfield, MO 65807

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    For Lease
    $9 SF/Yr $22,641/Mo (calc)

    Retail and restaurant spaces available in Springfield, Missouri.

    Type:Retail
    Property size:
    28,600 SF
    Added:
    Nov 21, 2025
    Days on Market:
    191
    Last Refresh:
    May 8 at 10:05 pm

    Property Features for 3512-3550 S National

    General Information

    Standard status
    Active
    Size
    28,600 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1988

    Spaces For Lease

    at 3512-3550 S National Contact us

    We can help!

    Listing Contact
    Arch Watson
    Arch Watson

    Listing agent Arch Watson License #2009010579

    Listing office SVN | Rankin Company, LLC

    Listing date Nov 21, 2025

    Source Svn

    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

    HighLights

    • Prime "Medical Mile" location on S National, directly across from Cox Health Meyer Center and adjacent to Cox Medical Center South.
    • High traffic count: 32,800 cars/day on National Avenue.
    • Restaurant space available (Suite 3522) with existing grease trap, hood, and industrial water heater.
    • Suite 3512‑3514 (3,990 SF) offered in warm shell condition, ready for buildout with negotiable Tenant Improvements (TI) for credit‑worthy tenants.
    • Suite 3528‑3530 features a reception area, 6 offices, break area, IT closet, shower room, storage closets, and restroom.
    • Established building (Year Built: 1988) with existing infrastructure.

    Overview

    Three spaces are available at the Bradford Center. Suite 3512-3514 offers 3,990 square feet in a warm shell condition, ready for buildout. The landlord is willing to negotiate tenant improvements for a credit-worthy tenant, as well as a build-to-suit option. Suite 3522 is a 1,909 square foot restaurant space equipped with a grease trap, hood, and industrial water heater. Suite 3528-3530 features a reception area, six offices, a break area, an IT closet, a shower room, storage closets, and one restroom. The Bradford Center is situated just north of James River Expressway on South National, in the Medical Mile location, directly across from the Cox Health Meyer Center and adjacent to Cox Medical Center South. The location on South National benefits from a traffic count of 32,800 cars per day. The current estimated NNNs are $5.65 per square foot. The property is suitable for restaurant and retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Springfield Shopping Center — Springfield Shopping Center, 3111 S Glenstone Ave #128, Springfield, MO 65804
    • Coin Cloud Bitcoin ATM — 3010 S National Ave, Springfield, MO 65804
    • Battlefield Marketplace — 900 E Battlefield Rd, Springfield, MO 65807
    • Morris Corners — 1425 E Battlefield Rd, Springfield, MO 65804

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2768
    Latitude
    37.1502

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    FAQs

    What type of property is this?
    Shopping center - Retail and restaurant spaces available in Springfield, Missouri.
    Where is this shopping center located?
    The property is located at 3512-3550 S National Springfield, MO.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Prime "Medical Mile" location on S National, directly across from Cox Health Meyer Center and adjacent to Cox Medical Center South.; High traffic count: 32,800 cars/day on National Avenue.; Restaurant space available (Suite 3522) with existing grease trap, hood, and industrial water heater.
    (417) 773-9022
    We can help!
    Listing Contact
    Arch Watson
    Arch Watson
    Real Estate License ID: 2009010579
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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