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Former Wheeler's Building 401 South Ave 10,102 SF of Retail Space Available in Springfield, MO 65806
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 10,102 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $96.88 /m²/YR $8.07 /m²/MO $7,577 /MO $90,918 /YR | Triple Net (NNN) |
1st Floor, Ste 100
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,102 SF | Gross Leasable Area | 35,342 SF |
| Property Type | Retail | Year Built | 1915 |
| Property Subtype | Freestanding | Parking Ratio | 1.81/1,000 SF |
| Total Space Available | 10,102 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 35,342 SF |
| Year Built | 1915 |
| Parking Ratio | 1.81/1,000 SF |
ABOUT THE PROPERTY
The Wheeler's Building, Located in the heart of Springfield's historic downtown, offers a unique opportunity for businesses seeking a versatile, high-visibility space in a vibrant community. Renovated in 2008, the ground floor now features adaptable layouts ideal for a wide range of retail or hospitality concepts. In addition, a front corner section was specially remodeled to accommodate a café, deli, or coffee shop. Property Features: • Total Space Available: 10,102 sq. ft. • Large Space: 8,278 sq. ft. • Small Space: 1,824 sq. ft. • Private Parking: Over 30 stalls in an adjoining lot, enhancing convenience for both employees and customers. • Loading and Receiving Area: Equipped with a loading dock and an overhead door. • High Ceilings: 18-foot ceilings create an open and spacious environment. • Power Supply: 1,400-amp electrical panel supports various business needs. • Ventilation & Plumbing: Infrastructure includes ventilation for two hoods and grease interceptors, ideal for food and beverage operations. • Patio Space: A 400 sq. ft. attached patio adorned with a stunning mosaic offers additional outdoor seating and display options. • Artwork: The space includes a unique mural created by artist Susan Sommer-Luarca, adding a touch of local culture and artistry. About the Area: Springfield's downtown serves as a cultural and economic hub for Southwest Missouri, with over 25,000 people working in the district and three nearby universities with a collective enrollment of more than 40,000 students. The area is known for its lively arts and dining scenes, with over 60 restaurants, numerous galleries, theaters, and other entertainment venues. A range of financial incentives and support services are available through the city's development initiatives, making it an appealing location for businesses looking to thrive and expand. Infill is negotiable.
NEARBY MAJOR RETAILERS
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Former Wheeler's Building | 401 South Ave
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