Building Details

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Listing Agency: Jared Commercial d***@havenscommercial.com Show Phone

Listed By: David Havens · License #2015037234 Show Phone

Source: Moodyscre

Added: Jul 31, 2025 Changed: Jul 26 Last Checked: Aug 1 at 7:47AM

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Investment Insights

Based on property information with market context.

This three-story office building features an updated interior and ample natural light. The property has been improved with a brand new roof and is sprinklered throughout, providing fire protection throughout the building. As a corner lot, the building offers strong sightlines and visibility.

The property is located at 431-433 W Walnut St in Springfield, MO, and is close to dining and shopping.

Flexible lease terms are available.

Key Highlights

• Three‑story office building on a corner lot
• Brand new roof
• Modern updated interior

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Locksmith Tanning 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

Yes

Sprinkler system

NNN (Triple Net)

Lease Type

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,001

Businesses Nearby

Explore this area Business Placement

Demographics for 65806, MO

12,529

Population

8,049

Households

1.6

Avg Household Size

27

Median Age

22%

College-Educated

87%

High-School Grad

2.1 sq mi

ZIP Area

5,966

Density / Sq Mi

$28,450

Median Household Income

$21,090

Median Earnings

$840

Median Rent

$85,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Three-story office building on a corner lot with a brand new roof, updated interior, and sprinkler system throughout.

Where is this office building located?

The property is located at 431-433 W Walnut St Springfield, MO.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Three‑story office building on a corner lot; Brand new roof; Modern updated interior