501 W Chestnut Expressway Springfield, MO 65802

Building Details

Year Built

2004

Listing agency ParaSell Inc

Listed by Scott Reid · License #9009637

Source Crexi

Added: Jun 1 Updated: Jul 10 at 1:52PM Checked: Jul 23 at 5:52AM

Report an Issue

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 ParaSell Inc

---

Investment Insights

Based on property information with market context.

This for-sale retail property is being presented as an income-oriented asset, with a stated 7.25% cap rate. The offering includes approximately 3,634 square feet of retail space and is listed at $2,920,290.

The property is located at 501 W Chestnut Expressway in Springfield, Missouri (65802). No additional unit configuration, condition details, or tenant information is provided in the available materials.

For buyers or investors evaluating retail real estate, this asset offers a defined size and the pro forma economics summarized by the stated cap rate. It may also be of interest to retail operators seeking a property purchase, provided they conduct their own diligence on the current occupancy, lease terms, and how the space is configured for their intended use. The information here supports the property’s classification as retail and provides the key headline figures included in the listing summary.

Key Highlights

• Retail property built in 2004
• Stated 7.25% cap rate (per listing remarks)
• 3,634 SF retail space (per listing remarks)

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $950,000

  8,364 SF

  Versatile Retail Building with Fireplace

  Flexible retail and office-ready layout with showroom space, basement storage, and dedicated workshop and delivery access.

  2122 S Glenstone Avenue, Springfield, MO 65804

  View Details
• 

  $595,000

  6,690 SF

  Two-Story Historic Office Building

  A 1911-era two-story office property with dedicated parking and multiple meeting and work areas.

  1201 E Walnut Street, Springfield, MO, MO 65802

  View Details
• 

  $950,000

  8,364 SF

  Versatile Retail-Office Building

  Flexible retail/office building with open showroom space, workshop area, and parking in front and rear.

  2122 South Glenstone Avenue, Springfield, MO 65804

  View Details
• 

  $625,000

  6,931 SF

  Two-Story Office Building

  Updated two-story office building with reception areas, multiple offices, patio access, and parking on a paved lot.

  1331 North Stewart Avenue, Springfield, MO 65802

  View Details
• 

  $699,000

  2,150 SF

  Updated Class B Office Building

  Remodeled Class B office with private offices, conference space, and on-site parking along a high-traffic corridor.

  2760 E Sunshine Street, Springfield, MO 65804

  View Details
• 

  $475,000

  4,092 SF

  Turnkey Automotive Service Facility

  Turnkey automotive property with five garage bays, built-in lifts and compressors, plus a secondary metal building with a double garage door.

  1525 East Florida Street, Springfield, MO 65803

  View Details
• 

  $1,200,000

  6,554 SF

  Turnkey 12-Bay Auto Repair Facility

  Turnkey auto repair property with 12 bays, office/reception space, and ample on-site parking for daily operations.

  2140 W SUNSET ST, SPRINGFIELD, MO 65807

  View Details
• 

  $250,000

  1,122 SF

  IC-Zoned Storefront Building

  Zoned IC for flexible owner-user or service use, with access to I-44 and West Bypass and highway traffic exposure.

  2745 W Chestnut Expy, Springfield, MO 65802

  View Details
• 

  $3,900,000

  10,690 SF

  Modern Retail Restaurant Building

  Modern, fully renovated restaurant building with a large dining and bar area, event space, kitchen, and two restrooms.

  4117 S National Ave, Springfield, MO 65807

  View Details
• 

  $1,200,000

  4,512 SF

  Office/Warehouse Building Near I-44

  4,512 SF office/warehouse building for sale near Kearney & I-44.

  2807 W Kearney St, Springfield, MO 65803

  View Details
• 

  $164,999

  1,368 SF

  Renovated Office Space with Backyard Parking

  Modernly renovated office unit offers a kitchenette, flexible office layout, and a backyard area that can expand parking options.

  2240 N Grant Avenue, Springfield, MO 65803

  View Details
• 

  $600,000

  6,065 SF

  Retail Building with Loading Dock

  Single-tenant retail building with a steel-framed warehouse portion, a 12x10 dock-high door, and a 2025 roof.

  1430 W Kearney Street, Springfield, MO 65803

  View Details

FAQs

What type of property is this?

Retail space - For-sale retail property priced for investors, featuring a stated 7.25% cap rate.

Where is this retail space located?

The property is located at 501 W Chestnut Expressway Springfield, MO.

What is the asking price?

The asking price for this property is $2,920,290.

What are key features of this property?

This property features: Retail property built in 2004; Stated 7.25% cap rate (per listing remarks); 3,634 SF retail space (per listing remarks)