Springfield, MO 65802

Starbucks

Property Address

631 South Glenstone Avenue, Springfield, MO, USA

Offering Summary

  • Price: $2,149,000
  • Lot Size: .80 Acres
  • Cap Rate: 5.60%
  • Year Built: 2003
  • Building SF: 2,157
  • Status: Available
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  • 7+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX) (Early 5 Year Lease Renewal)
  • Starbucks Fully Remodeled the Site in 2023
  • 165,372 Residents within a 5-Mile Radius in Growing Springfield Trade Area - Households and Population Projected to Increase 2-3% in the Immediate Area by 2028
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • One Mile from Missouri State University (27,000 Students) and Evangel University (2,700 Students) and Two Miles from Downtown Springfield

Broker Information