1730 Republic RdSpringfield, MO 65804

Property Details for 1730 Republic Rd

Year built

1989

Lot size

3.70 AC

Property size (Sq ft)

32,600 SF

Zone code

INC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

88-19-18-101-091

APU

881918101091

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $9,390,855

  6.5%

  $8,668,482

  7%

  $8,049,304

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,876,332

  Geo Method

  $5,876,332

• Alternative Use

  Use

  Valuation

  Residential

  $7,312,188

  Hospitality

  $6,697,926

  Educational

  $5,572,596

  Medical

  $5,764,246

  Retail

  $8,668,482

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1369

Longitude

-93.2647

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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