Retail
6730 W Kings St, Springfield, MO 65802
For Sale
Contact for pricing
A substantial retail footprint is located on West Kings Street in Springfield.
Property Size40,000 SF
Price / SF$86.72
Days on Market16
Property Features for 6730 W Kings St
General Information
Standard status
Size
Property subtype
Additional Details
Cap Rate
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License MO SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 26
Changed: Nov 10
Last Checked: Nov 10 at 2:24PM
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 Cushman & Wakefield - Phoenix, Arizona
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 6730 W Kings St in Springfield, this retail property comprises 40,000 square feet. The offering is presented at a 6.50% cap rate.
Key Highlights
- 40,000‑square‑foot retail property
- 6.50% cap rate
- 6730 W Kings St address in Springfield, Missouri
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$297,683
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,953,660
$6.0M
Cap Rate 7%
$4,252,614
$4.3M
Cap Rate 9%
$3,307,589
$3.3M
Market Conditions
NOI Build-Up for 40,000 SF
Gross rent
$441.6K $11.04/SF
− Vacancy
−$16.3K −$0.41/SF
EGI
$425.3K $10.63/SF
− OpEx
−$127.6K −$3.19/SF
NOI
$297.7K $7.44/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,953,660
Cap Rate 7%
$4,252,614
Cap Rate 9%
$3,307,589
Alternative Uses
Best Use
Retail
$4.25M
$3.72M – $4.96M
NOI $297,683 @ 7.0% cap · market cap 8.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.04M
$5.28M – $7.04M
NOI $422,611 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 65802, MO
48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Springfield, MO
Properties on Market for Retail space in Springfield
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A substantial retail footprint is located on West Kings Street in Springfield.
Where is this retail space located?
The property is located at 6730 W Kings St Springfield, MO.
What is the asking price?
The asking price for this property is $3,468,933.
What are key features of this property?
This property features: 40,000‑square‑foot retail property; 6.50% cap rate; 6730 W Kings St address in Springfield, Missouri
