Spaces For Lease

at 517 E Elm St Contact us

Land Lease $1.75/SF/Yr

Type

Other

Term

Negotiable

Contact us

Listing Agency: SVN | Rankin Company, LLC j***@svn.com Show Phone

Listed By: Jeff Childs, SIOR, CCIM · License #1999029641 Show Phone

Source: Svn

Added: Jan 27 Changed: Aug 8 Last Checked: Aug 20 at 4:16AM

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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

Investment Insights

Based on property information with market context.

This property offers a ground lease opportunity of approximately 0.48 acres in downtown Springfield, with frontage on E. Elm St. The site presents redevelopment potential and is located next to the Tru Hotel, which opened in December 2019 and features 98 rooms, a pool, and a fitness center. The property is within walking distance of Missouri State University.

Key Highlights

• Located in the heart of Springfield's Downtown area.
• Excellent frontage on E. Elm St.
• ±0.48 AC Ground Lease.

Property Analytics

Property Profile

Current Use

Tru by Hilton ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Wine and Liquor Store Veterinary Clinic Catering Service Nursing Home

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

2,214

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime 0.48 AC ground lease in downtown Springfield.

Where is this commercial land located?

The property is located at 517 E Elm St Springfield, MO.

What are key features of this property?

This property features: Located in the heart of Springfield's Downtown area.; Excellent frontage on E. Elm St.; ±0.48 AC Ground Lease.