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34339886
34339885

801 S GLENSTONE AVE, SPRINGFIELD, MO 65802-3301 For Sale

NP
MO 2025049741
Murney Associates
Listed by Murney Associates
$1,200,000
8 days on market
Updated 8 days ago

801 S Glenstone Ave

Details
APN 1219427023
Property Type Office, Industrial (+1)
Sub Type Distribution, Warehouse (+1)
Square Footage 10,028
Net Rentable (SqFt) 10,028
Units 1
Cap Rate 3.84%
NOI $46,101
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 3
Lease Expiration 11/30/2027
Remaining Term 1.4
Rent Bumps Yes
Pro-Forma Cap Rate 4.09%
Pro-Forma NOI $49,101
Price per SqFt $120
Broker Co-Op True
Year Built 1978
Year Renovated 2024,2025
Buildings 1
Lot Size (SqFt) 26,559
Zoning HC
Investment Type Owner/User
Lease Commencement 12/01/2024
Ground Lease No
Ceiling Height 16
Dock High Doors 1
Sale Condition For sale by owner

Single-Tenant National Tenant Investment | 100% Occupied | Built-In Rent Growth | Springfield, MO

Marketing description

801 S Glenstone Ave, Springfield, MO

Single-Tenant Investment Opportunity | 100% Occupied

Introducing a prime single-tenant investment opportunity located at 801 S Glenstone Ave in Springfield, MO. This 100% occupied property is fully leased to a national tenant, offering investors an immediate, stable income stream backed by a strong credit tenant with an established brand presence.

This is a great opportunity for new ownership to step into a well-positioned asset featuring built-in rent growth, with base rent increasing to $5,000/month this December. The current lease runs through November 30, 2027, providing years of secured income, along with strong upside potential upon renewal at a higher market lease rate — making this an attractive value-add opportunity for the next owner.

The tenant is responsible for CAM charges and management fees under the current lease structure, resulting in a low-maintenance, passive investment for ownership.

Strategically located along S Glenstone Ave, one of Springfield's most heavily trafficked commercial corridors, the property benefits from excellent visibility, high daily traffic counts, and convenient access to major thoroughfares throughout the Springfield metro area. The surrounding trade area features a strong mix of retail, dining, and business activity, supporting sustained tenant demand and long-term asset value.

This offering presents an excellent opportunity for investors seeking a dependable, income-producing asset with a national tenant, near-term rent growth, and strong long-term upside in a high-demand Springfield submarket.

Contact us today for full financials, lease details, and additional property information.

Disclosure: Listing Broker/Agent is the owner and seller of the property.

Investment highlights

100% Occupied, Stable Income – Single-tenant property generating immediate, predictable cash flow with no lease-up risk or downtime for a new owner.

Built-In Rent Growth – Base rent is scheduled to increase to $5,000/month this December, providing an immediate boost to NOI and returns shortly after acquisition.

Long-Term Lease Security – Tenant lease runs through 11/30/2027, offering a new owner several years of secured, dependable income.

NNN-Style Expense Structure – Tenant is responsible for CAM (insurance) and management fees, minimizing landlord responsibilities and maximizing net income.

Prime Glenstone Ave Location – Positioned on a high-traffic, well-established commercial corridor with strong visibility and consistent consumer flow.

Strong Trade Area Demographics – Surrounded by dense residential and commercial development, supporting long-term tenant demand and property value.

Attractive Cap Rate Opportunity – Offered at a competitive cap rate relative to market comparables, providing strong going-in returns with room for appreciation.

Renewal/Rollover Upside – With the lease expiring in 2027, a new owner has the opportunity to renew at market rent or reposition the space for even greater income potential.

Low Maintenance, Turnkey Asset – Well-maintained property offering a hands-off investment with minimal landlord obligations under the current lease structure.

Easy Access & Connectivity – Convenient access to major Springfield thoroughfares, enhancing customer and tenant convenience.

Disclosure: Listing Broker/Agent is the owner and seller of the property.

Listing Contacts

NP
MO 2025049741
Murney Associates
Listed by Murney Associates

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,101.00
$3,841.75/mo

Valuation Metrics

0
DSCR
3.84%
Cap Rate
3.84%
ROI

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Additional Information

Name
Nirav Patel
License
2025049741
Brokerage Phone
4178232300
Brokerage Address
1625 East Primrose Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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