631 S Glenstone Ave | Springfield, MO 65802
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631 S Glenstone Ave
Springfield, MO 65802
Starbucks | Longstanding Site · Retail Property For Sale
Investment Highlights
- 7+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX) (Early 5 Year Lease Renewal)
- 165,372 Residents within a 5-Mile Radius in Growing Springfield Trade Area - Households and Population to Increase 2-3% in the Immediate Area
- One Mile from Missouri State University (27,000 Students) and Evangel University (2,700 Students) and Two Miles from Downtown Springfield
- Starbucks Fully Remodeled the Site in 2023
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Frontage Along Glenstone Avenue with Nearly 39,000 Cars per Day at the Corner of Glenstone Avenue and Cherry Street
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,157 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.80 AC
Zoning
INC - Commercial
Amenities
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 12-19-401-034 | Improvements Assessment | $342,940 |
| Land Assessment | $87,360 | Total Assessment | $430,300 |
Property Taxes
Parcel Number
12-19-401-034
Land Assessment
$87,360
Improvements Assessment
$342,940
Total Assessment
$430,300
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