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Retail Spaces in Springfield, MO
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616 E Madison St, Springfield, MO 65806

Retail spaces available for lease in Springfield, Missouri.

Space SizeContact for details
Property Size7,500 SF
Days on Market2173

Property Features for 616 E Madison St

General Information

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

Building Details

Building Size 7,500 SF
Year Built 2018
Tenancy Multiple

Spaces For Lease

at 616 E Madison St Contact us

Suite 104

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 108

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 120

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: SVN | Rankin Company, LLC
Listed By: Arch Watson · License #MO 2009010579
Source: Crexi
Added: Sep 10, 2020 Changed: Aug 13 Last Checked: Aug 21 at 4:07PM

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.

New retail spaces are available for lease at the intersection of Kimbrough and Madison in Springfield, Missouri. The development offers three retail spaces ranging in size from 1,200 to 1,500 square feet, with a maximum contiguous space of 2,700 square feet. A 1,500-square-foot portion of the 7,500-square-foot development is designated for restaurant use. All units feature entrances on the Kimbrough frontage for walk-up business, as well as entrances on the east side of the building with front door parking.

Key Highlights

  • New development at Kimbrough & Madison.
  • Retail spaces available from 1,200 SF to 1,500 SF.
  • Max. contiguous space of 2,700 SF.

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

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

Lease Benchmarks for Springfield, MO

$14.08 /SF/Yr
Avg Asking Price
$8–$26 /SF/Yr
Price Range
11,605 SF
Avg Space Size

This space is priced 28% above the average of $14.08 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail spaces available for lease in Springfield, Missouri.
Where is this retail space located?
The property is located at 616 E Madison St Springfield, MO.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: New development at Kimbrough & Madison.; Retail spaces available from 1,200 SF to 1,500 SF.; Max. contiguous space of 2,700 SF.
(417) 887-8826 Call to check price and availability
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