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Space Availability (1)
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- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,219 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $77,256 /YR $6,438 /MO | TBD |
1st Floor
Thank you for viewing this full service restaurant in Springfield on busy Glenstone Avenue. This property was formerly a Rib Crib brand restaurant with over 20 years at this location showing long term success at this site. The property comes with hood, 2 walk-ins and other kitchen equipment still in place. The 3,219 SF property is available for lease at $24/SF NNN. This restaurant has a drive-thru window and nearly 35,000 vehicles per day driving by. Please email or contact listing agent for more information or for a private showing.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,219 SF | Gross Leasable Area | 3,219 SF |
| Property Type | Retail | Year Built | 1974 |
| Total Space Available | 3,219 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,219 SF |
| Year Built | 1974 |
About the Property
This property is located on North Glenstone Avenue, just north of Division and 1.5 miles south of Interstate 44. Neighboring businesses include Sonic, Life 360 Church, Casey's , Evangel University, SRC, O'Reilly Auto Parts and the former SOLO Cup warehouse building with nearly 1,000,000 SF of distribution space and hundreds of employees. Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 1% of SVN International.
Nearby Major Retailers
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1640 N Glenstone Ave
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