Ground Lease in Chestnut Crossing (Lot 1B South)

Vacant Land for Lease
Catylist Listing ID: 30351948
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 46,905 SF
Lease Rate: $35,883 (Annual)
$0.77 PSF (Annual)
Base Monthly Rent: $2,990
Lease Types: Ground Lease
Adjacent Parcels Available: Yes
Last Updated: 3/7/2019

Overview / Comments

240 S. Western Ave (Lot 1B South) is a ±1.075 acre Retail Pad site available near the Price Cutter Plus, at the southeast corner of West Bypass & Chestnut Expressway. Located in Chestnut Crossing adjacent to ACE Hardware. Surrounding businesses include the Kum & Go Go Fresh Market, KFC and Arby's restaurants, Goodwill Store as well as Simmons Bank and the Simmons Bank Operation Center.

All retail sales in Chestnut Crossing are subject to a Community Improvement District (CID) assessment = 0.005 (1/2 of 1%) retail sales tax only.

Acreage can be divided or combined together.

**LOT REQUIRES SUBDIVISION OF LARGER PARCEL PRIOR TO CONVEYANCE**

Contact Ken Schwab at 417.890.3226 or kschwab@wilhoitproperties.com for more details.

Additional Details

Nearest MSA: Springfield
County: Greene
Tax ID/APN: 881321202103
Zoning: PD 211
Property Located Between: West Bypass and Chestnut Expressway
Property Visibility: Excellent
Largest Nearby Street: Chestnut Expressway
Traffic/Vehicle Count: 28,897
Highway Access: 2.5 miles from Highway I-44
Zoning Description: PD 211 - Subject to restrictive covenants Office/Retail Commercial Use

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,948 60,577 143,720
Median Age: 35.74 34.66 34.38
Households: 2,752 25,372 60,759
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.