2927 S Campbell Ave, Springfield, MO 65807

Address: 2927 S. Campbell (1.6 acres) and adjacent drive lane to the west (.35 acres) – see attached Assessor maps and photos

Lease: Started 1/1/73 – 25 year primary term plus a 14 year extension and 6-10 year extensions – 99 years total

The tenant, operating as Regions Bank, is in the second, 10 year extension. The current term expires 12/31/31.

Annual Rent: $36,972 ($3,081 per month)

Rent Increases – Every 10 years using CPI although it is unknown what formula previous rent increases were based on.

Real estate taxes, building insurance and maintenance (for the bank occupied lot and building) are paid by the bank.

Real estate taxes for the drive lane lot, paid by the property owner, in 2025 were $1,280.

The existing building becomes the property owner’s property when the lease with the bank expires or is terminated.

Listed Price: $710,000

The bank can sublet or assign its interest in the lease.

The property owner is responsible for maintenance of the drive lane lot.