OFFICE BUILDING FOR SALE/LEASE

Transcription

1 Office Building for Sale or Lease 838 S Glenstone Ave, Springfield, MO OFFICE BUILDING Price Reduced Newly renovated office building for sale or lease Perfect for owner/occupant who could take advantage of income from existing lease Conveniently located on South Glenstone Also offered as a build-to-suit rbmurray.com

2 Executive Summary PROPERTY OVERVIEW Newly renovated office building for sale or lease on South Glenstone. The property is perfect for an owner/ occupant who could take advantage of the income from the existing lease. The available space has 12 private offices, a kitchen, large open work-space and large lobby. Conveniently located on South Glenstone, one of the most traveled thoroughfares in Springfield. Tenant pays utilities. 3,000 SF space is available for lease at $10.50 PSF (Gross). Space may be divided into two 1,500 SF suites for $12.00 PSF (Gross). Also offered as a build-to-suit. Contact listing agent for more information. PROPERTY HIGHLIGHTS Newly renovated office building for sale or lease Perfect for owner/occupant who could take advantage of income from existing lease PROPERTY SUMMARY Lot Size: 0.73 Acres Building Size: 7,786 SF Available Lease Space: 1,500-3,000 SF Sale Price: PRICE REDUCED $649, / $83.35 PSF Taxes: $11, (2016) Lease Price: $ $12.00 PSF (Gross) Monthly Rent: $1, $2, Available: Immediately Parking: 46± spaces Condition: Existing Building Class: C Year Built: 1968 Zoning: HC - Highway Commercial Market: NE Springfield Available space has 12 private offices, kitchen, large work space, & large lobby Conveniently located on South Glenstone Tenant pays own utilities 3,000 SF space is available for lease at $10.50 PSF (Gross) Space may be divided into two 1,500 SF suites for $12.00 PSF (Gross) Zoning compatible for many retail uses Also offered as a build-to-suit Traffic Counts Glenstone North of Grand 36,050 (2011) Glenstone South of Cherry 36,322 (2011) The information listed above has been obtained from sources we believe to be reliable; however, we accept no responsibility for its accuracy.

3 Available Spaces Lease Rate: $ SF/YR (GROSS) Total Space 3,000 SF Lease Type: Gross Lease Term: Negotiable SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS lease space Office Building $ SF/YR Gross 1,500-3,000 SF Negotiable 3,000 SF space is available for lease at $10.50 PSF (Gross). Space may be divided into two 1,500 SF suites for $12.00 PSF (Gross). Tenant pays own utilities. Also offered as a build-to-suit.

4 Additional Photos

5 OFFICE BUILDING Retailer Map

6 Location Maps

7 Demographics Map 1 Mile 3 Miles 5 Miles Total Population 9,854 83, ,439 Population Density 3,137 2,938 2,132 Median Age Median Age (Male) Median Age (Female) Total Households 4,892 35,469 74,131 # of Persons Per HH Average HH Income $48,831 $42,225 $45,164 Average House Value $182,505 $131,661 $131,749 * Demographic data derived from 2010 US Census

8 Advisor Bio MITCHELL JENKINS, MBA Sales & Leasing Associate Professional Background As Southwest Missouri s only commercial real estate professional with a Masters in Business Administration (M.B.A.) Mitchell is uniquely qualified to understand and implement clients and their business s operational real estate needs. Mitchell specializes in commercial sales, leasing, investment disposition, and tenant representation. As an associate for R.B. Murray Company, Mitchell is fulfilling his aspiration to influence and impact economic growth in Southwest Missouri. Mitchell earned his Masters of Business Administration (M.B.A.) degree from Missouri State University, undergoing a rigorous program studying operations management, economic and market trend analysis, ethics training, leadership theory, and budget management S. Blackman Road Springfield, MO T C mitchell@rbmurray.com MO # Prior to completing his M.B.A., Mitchell graduated from Hillcrest High School, where he received first team all-state honors as Quarterback for the football team and helped lead the men s basketball program to its second state championship. He later accepted a full scholarship as Quarterback for the Missouri State University (MSU) Bears football program. Mitchell later transferred to Evangel University. He finished his undergrad studies and received magna cum laude honors while playing football for the Crusaders. Mitchell currently serves an active role in the Rotaract of Springfield, a service club whose primary goal is to serve the needs of Springfield s youth at Great Circle. He also volunteers his time, with his fiancé, at the Betty & Bobby Allison Miracle League Ball Field. Memberships & Affiliations