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504 E Commercial St 1,958 SF of Retail Space Available in Springfield, MO 65803
HIGHLIGHTS
- Historic Commercial street offers high foot traffic and lots of destination shoppers.
- The second floor loft is fully renovated and leased mid-term.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,958 SF | 12’ | 3-5 Years | $11.03 /SF/YR $0.92 /SF/MO $118.73 /m²/YR $9.89 /m²/MO $1,800 /MO $21,597 /YR | Modified Gross |
1st Floor
Formerly Frisco Bar, and Ruthies, this space is located on Historic Commercial Street next to Rathbone Ace and Askinosie Chocolate. Features: +/-1958 sf retail, restaurant, or office space. There is a former small kitchen area. However, if a larger kitchen is needed for a new restaurant use, the owner may assist with kitchen or prorate infill as additional rent Space has 2 restrooms and comes with 2 private parking spaces in the rear
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Finished Ceilings: 12’
- restaurant potential
- retail or office
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 | 1,958 SF | Gross Leasable Area | 7,832 SF |
| Property Type | Retail | Year Built | 1886 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 3.06/1,000 SF |
| Total Space Available | 1,958 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 7,832 SF |
| Year Built | 1886 |
| Parking Ratio | 3.06/1,000 SF |
ABOUT THE PROPERTY
Space for lease on Historic Commercial street
- Bus Line
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 22417 | E Blaine St, S | 5,468 | 2015 | 0.02 mi |
| N Benton Ave | E Blaine St, S | 5,007 | 2022 | 0.02 mi |
| 20054 | N Washington Ave, E | 9,777 | 2015 | 0.04 mi |
| E Commercial St | N Washington Ave, E | 5,345 | 2022 | 0.04 mi |
| 21334 | E Blaine St, S | 3,858 | 2015 | 0.08 mi |
| N Washington Ave | E Blaine St, S | 2,050 | 2022 | 0.08 mi |
| N Washington Ave | E Commercial St, S | 2,673 | 2022 | 0.09 mi |
| 21333 | E Commercial St, S | 2,824 | 2015 | 0.09 mi |
| 22415 | E Blaine St, S | 2,331 | 2015 | 0.12 mi |
| N Jefferson Ave | E Blaine St, S | 1,955 | 2022 | 0.12 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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Building Photo
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