Springfield, Missouri, is an attractive location for businesses, offering a unique blend of Midwestern charm and economic vitality. With its strong healthcare industry, excellent educational institutions, and diverse economy, a Commercial Real Estate Property For Lease in Springfield is an excellent investment opportunity. The city's infrastructure, including City Utilities of Springfield (CU) and its transportation facilities, such as Springfield-Branson National Airport (SGF) and major highways, provides a solid foundation for businesses to thrive. Additionally, the city's attractions, like the Price Cutter Charity Championship and the Birthplace of Route 66 Festival, make it an attractive destination for tourists and locals alike. With major corporations like Positronic, Bass Pro Shops, and O'Reilly Auto Parts calling Springfield home, the city is an ideal location for businesses looking to establish a strong presence in the region.
With 120 Commercial Real Estate Properties For Lease available in Springfield, businesses have a range of options to choose from. The average annual rent per square foot is $16 USD, with sizes ranging from 115 square feet to 323,651 square feet. In addition to Commercial Real Estate, Springfield also offers Office Space, Coworking Space, Retail Space, and Industrial properties, each with its unique characteristics and advantages. For instance, Office Space in Springfield is ideal for businesses looking for a professional setting, while Coworking Space provides a collaborative environment for entrepreneurs and startups. Retail Space is perfect for businesses looking to establish a strong retail presence, and Industrial properties offer ample space for manufacturing and logistics operations. With its diverse range of properties and strong economy, Springfield is an attractive location for businesses looking to establish a strong presence in the region.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Springfield, Missouri, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $16 USD, and the average size of available listings, which is 10,621 square feet, to ensure you're getting a fair deal.
- The maximum space size available, which is 323,651 square feet, to accommodate your business needs.
- The location and accessibility of the property, considering factors such as proximity to major highways like Interstate 44 and Route 13, as well as the availability of public transportation and amenities like hospitals, universities, and sports facilities.
How do I determine the right size and type of commercial property to rent for my business needs?
Determining the right size and type of commercial property to rent for your business needs in Springfield, Missouri, requires careful consideration of several factors. With 120 available listings of commercial real estate for lease, you'll want to assess your business requirements and prioritize your needs to find the perfect fit.
- First, calculate your required square footage by considering the number of employees, equipment, and inventory you'll need to accommodate, as well as any specific layout or design requirements. For example, if you're looking for a space with an average size of 10,621 square feet, you may want to consider properties with a maximum space size of 323,651 square feet.
- Next, think about the type of commercial property that best suits your business, such as office, retail, industrial, or warehouse space. Consider factors like location, accessibility, and amenities, such as proximity to major highways, public transportation, and utilities like City Utilities of Springfield (CU).
- Finally, evaluate your budget and determine how much you can afford to pay per square foot, considering the average annual rent of $16 USD. This will help you narrow down your options and find a property that meets your business needs and fits your budget.
