2003 S Stewart Avenue

THE SUBJECT PROPERTY IS BEING OFFERED FOR SALE OR FOR LEASE. THE EXISTING TENANT THAT LEASES STES. 104,108 & 112 COMPRISED OF 3,200 SF +/- WILL VACATE IN OCTOBER, 2025. THIS SPACE IS OFFERED FOR LEASE FOR $15.00 SF MODIFIED GROSS. Ste. 100 of approximately 800 SF was recently leased for two years with a medical related user/tenant.The Subject Property is conveniently located in the southeastern area of Springfield that represents the central retail, office & medical core of Springfield, and is one block from the intersection of Sunshine and Glenstone, the highest daily traffic count in the Southwestern area of Missouri. The Springfield MSA is in excess of 500,000 population. Battlefield Regional Mall, Mercy and Cox Hospitals and MO State University are all with 5 minutes from the Subject Property.Several commercial properties located on Stewart Avenue between Sunshine and Seminole have been fully remodeled/rehabbed within the recent 5 years making Stewart Ave. a very desirable location. Recent Sale and On Market Sale Comparables within one block on Stewart Avenue have been $200 SF +/-.The Owner/Listing Broker purchased the Subject Property in 2005 and fully renovated it in 2006. It has recently been painted externally and interior. A new roof was installed three years ago (the second re-roof since 2006).The 4,000 SF building has four legal suites and for several years a former tenant occupied all 4,000 SF of the building before relocating to the Owners 12,000 SF building located at 1835 S. Stewart Avenue, one half block north on Stewart Avenue.Over the twenty years the Owner has owned the building only a handful of months has there ever been a vacancy. The 3,200 SF that will be vacated in Stes. 112, 108 & 104 has a kitchen, two bathrooms, conference room, 7 large offices, copy/supply room, very large file room with coffee sink cabinet area, and a large front entrance reception/secretarial area. Ample convenient parking exists on the parking lot.