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Office Unit with Conference Room
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509 W Olive St Ste 101, Springfield, MO 65806

Configured workspace includes reception, kitchenette, restrooms, storage, and an expansive open bullpen area.

Space Size3,220 SF
Days on Market194

Property Features for 509 W Olive St Ste 101

General Information

Standard status Active
Size 3,220 SF
Net Rentable 3,220 SF
Class C
Property subtype Multi Tenant Office

Space & Availability

Available Space 3,220 SF
Contiguous Space 3,220 SF
Space Use Office
Meeting Rooms 1

Building Details

Building Size 3,220 SF
Year Built 1926

Spaces For Lease

at 509 W Olive St Ste 101 Contact us

509 W Olive #101

Size
3,220 SF
Lease Type
NNN
Contact us
Listing Agency: SVN | Rankin Co
Listed By: Jack Rankin · License #2018038830
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 7:27PM

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 Co

Investment Insights

Based on property information with market context.

This 3,220-square-foot office unit at 509 W Olive St Ste 101 provides a built-out workplace with a reception area, kitchenette, large conference room, cubicles, two restrooms, an IT/storage closet, and a large open bullpen area. The existing configuration supports a range of office layouts and operational requirements without relying on a raw shell condition.

The suite is positioned in downtown Springfield near the intersection of Main Street and Olive Street, with Park Central Square seconds away. Nearby businesses and institutions include the Missouri Department of Revenue, Springfield License Office, History Museum, Civil Kitchen, Moxie Cinema, Classic Rock Coffee, and Paragon Architecture. The building dates to 1926.

Key Highlights

  • 3,220 SF office unit at 509 W Olive St Ste 101
  • Reception area, kitchenette, and large conference room
  • Cubicles and a large open bullpen area

Property Analytics

Current Use

Awaken Healing + Massage Alternative Medicine Practice Schilling Sellmeyer & Associates Advertising Agency Bodhi Tree Massage ... Alternative Medicine Practice Ohm Restoration Roofing Company Cecopex Porta Building Supply

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store Nail Salon Storage Facility Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,062
Businesses Nearby

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

Lease Benchmarks for Springfield, MO

$14.27 /SF/Yr
Avg Asking Price
$7.4–$22.56 /SF/Yr
Price Range
7,884 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Configured workspace includes reception, kitchenette, restrooms, storage, and an expansive open bullpen area.
Where is this office units located?
The property is located at 509 W Olive St Ste 101 Springfield, MO.
What are key features of this property?
This property features: 3,220 SF office unit at 509 W Olive St Ste 101; Reception area, kitchenette, and large conference room; Cubicles and a large open bullpen area
More about this property
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