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Property profile & analytics
FOR LEASE
Strip malls

1730 E Republic Rd Springfield, MO 65804

32,600 SF 3.7 ac lot Built 1989
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0483299
Property summary
AI-generated overview

This exceptional retail opportunity presents 2,728 square feet of available space within the Southgate Shopping Center, a thriving multiple-tenancy shopping center situated on a 3.7-acre lot in Greene County. Boasting a total building size of 32,600 square feet, this property benefits from a highly desirable Highway Commercial zoning designation. Located on E Republic Road, the center experiences over 15,000 vehicles per day, ensuring exceptional visibility and accessibility for your business. The available suite features an open retail area at the front, complemented by nine to ten offices or treatment rooms, providing versatility for a range of retail or service-based businesses. The lease rate is $16.50 per square foot, with estimated NNN expenses of $5.00 per square foot. Its strategic location between the intersections of Fremont and Glenstone, and the James River Freeway, offers easy commutes and maximum exposure to a substantial customer base. This property represents a compelling investment opportunity in a high-demand retail corridor. Don't miss this chance to establish your business in a prime location with significant foot traffic and excellent visibility.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Total area 32,600 SF
Lot 3.7 ac (161,172 SF)
Zoning code INC
APN 88-19-18-101-091
UPID US48-0483299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Thailand Station Restaurant
  • Details Salon Hair Salon Nail Salon
  • The Elder Law Group Law Firm
  • Sugar Fire BBQ Restaurant
  • The Tantone Group powered by rë: Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.28M
Blend (final) Blend
$2.26M
Owner & transaction history
Southgate Shopping Center LLC · 6 yrs held
Southgate Shopping Center LLC
since 2020
5 recorded transactions
2020
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.2M +125.2%
Office building $3.1M +119.1%
Retail stores $3.0M +111.2%
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