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Retail Spaces Near University Campus
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616 E Madison, Springfield, MO 65806

Retail spaces available in new mixed-use development near Missouri State.

Property Size7,500 SF
Price / SF$0.00
Days on Market207

Property Features for 616 E Madison

General Information

Standard status Active
Size 7,500 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 7,500 SF
Year Built 2018

Properties For Sale

at 616 E Madison Contact us

Suite 104

Size
1,200 SF
Type
Street Retail
Term
60 months
Contact us

Suite 108

Size
1,500 SF
Type
Street Retail
Term
60 months
Contact us

Suite 120

Size
1,500 SF
Type
Restaurant
Term
60 months
Contact us
Listing Agency: SVN | Rankin Company, LLC
Listed By: Arch Watson · License #2009010579
Source: Svn
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 22 at 3:57AM

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 new mixed-use development is located at the corner of South Kimbrough Avenue and Madison Street, on the western edge of the Missouri State University campus, which has an enrollment of over 26,000 students. The immediate surrounding area has experienced significant redevelopment in the student housing market in recent years. The development includes three retail spaces ranging from 1,200 to 1,500 square feet, with a maximum contiguous space of 2,700 square feet. A 1,500-square-foot space is designated for restaurant use. All units feature entrances on the Kimbrough frontage for walk-up business and on the east side of the building for front door parking. The estimated NNN charges are $3.85 per square foot. The property benefits from its hard corner location and Kimbrough frontage.

Key Highlights

  • Located on the western edge of Missouri State University's campus with over 26,000 students.
  • Hard corner location at the signaled intersection of S. Kimbrough Ave and Madison St.
  • Front door parking available.

Property Analytics

Current Use

WestEdge Apartment Building Mercy Sports Medicine ... Medical Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop Garden Center Nail 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.

Location Intelligence

Trade Area within ½ mile

1,620
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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in new mixed-use development near Missouri State.
Where is this retail space located?
The property is located at 616 E Madison Springfield, MO.
What are key features of this property?
This property features: Located on the western edge of Missouri State University's campus with over 26,000 students.; Hard corner location at the signaled intersection of S. Kimbrough Ave and Madison St.; Front door parking available.
More about this property
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