Office Space For Lease @ 2442 N Bolivar Rd

Thank you for looking at this 9.26% Cap Rate investment property in the growing city of Springfield, Missouri. Currently 80% of the building is leased to the State of Missouri with minimal landlord responsibilities. Cap rate over 8% with the State lease alone.

Iron Planet Hobbies, LLC signed 2 year lease on remaining space through 5/31/2022.

The State of Missouri has a AAA credit rating by S&P. 10.5 year lease commenced November 1, 2017 & final renewal expires June 30, 2028. (State of MO leases contain language for annual budget appropriation contingencies.)

Neighbors included: Panera Bread, Papa Murphy's, Walgreens, Hobby Lobby, Starbucks, Brown Derby Liquor Store, and many other business.

Lee McLean, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area.Lee holds the CCIM designation, a Brokers-Associate real estate license and ranks in the top 1% of SVN International. This space offers accomodations for: office building.