4007 W Chestnut EXPY, Springfield, MO 65802 - Greene County

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OWNER FINANCING. 6.42 acres REDUCED $130K. Build to Suit. Was FSBO. Government Incentives available. Enhanced Enterprise Zone. 724 feet frontage. Detention on & off-site. 24,000 traffic. 279,969 Gross SF priced at $1.65 SF. 133,981 Net Usable SF priced at $3.46 SF. 2.91 acres zoned H-C. Reduced $100,000. 481 W Chestnut EXPY (I44B) frontage w/curb cut. 3.51 acres zoned R-MD up to 107 units. Reduced $30,000. Excellent retail and multi-family demographics. Great retail gap. Owner is Realtor Broker. 5% Buyer Broker Commission. Was $593,471 now $463,071.

OWNER FINANCING AND BUILD TO SUIT OPTIONS

Submit proposed terms, plan/concept and provide credit information for confidential consideration.

BUYER BROKER COMMISSION

5% Buyer Broker Commission. Buyer Broker/Realtor does NOT have to accompany buyer to ANY showings. No appointment required.

OWNER IS A REAL ESTATE BROKER

Owner is a real estate broker and the broker of record.

CONTACT

DIANE ALEXANDER, MBA, Broker, Team Leader, RAINMAKER. Southwest Partners & Global Partners International Realty. M 713.591.9902. O 979.421.9996. diane at swpre. com.

OFFERINGS

Tract 1: 2.91 Acres Zoned Highway-Commercial (H-C). Reduced $100,000 to $244,512 ($4 per net usable SF). 61,128 net usable SF. 481' frontage. W Chestnut curb cut.

Tract 2: 3.51 Acres Zoned Multi-Family Medium Density up to 107 units (R-MD). Reduced $30,000 to $218,559 ($3 per net usable SF). Priced below 2 multi-family tracts on same street that just closed. 72,853 net usable SF. 242 Billings ST frontage.

Both Tracts 6.42 Acres. Reduced $130,000 to $463,071 ($3.46 per net usable SF). 133,981 net usable SF.

HIGHLIGHTS

(1) Owner Finance was FSBO. REDUCED $130K. Build to Suit. HWY curb cut 19K traffic. 724 front. Enhanced Enterprise Zone. Govt Incentive. 5% BBC

(2) 2.91 acres zoned Highway Commercial. Reduced $100,000. 481 W Chestnut EXPY (I44B) frontage w/curb cut. Excellent unmet retail gap at 5-MIN

(3) 3.51 acres zoned R-MD up to 107 units. Reduced $30,000. Priced below 2 MF comparable tracts that just closed. Excellent multi-family demographics

(4) 5-MIN drive-time vs. Benchmarks*, has higher projected annual % growth in: population, home values, $100K+ & $250K+ household incomes

(5) 2 MI to regional Airport and 400 acre industrial park; 7 colleges and 20 major employers w/20K employees within 5 MI

(6) In very high performing Willard R-II ISD. Elementary students attend newest school in the District

Benchmarks*: Census Tract; 1, 3 & 5-MI; 10 & 15 MIN drive-times; 65802; Springfield; Greene County

PROPERTY

(7) PDF Sets

Pictures:

Satellites, Maps & Graphics:

Retail Gap Graphics:

Retail Gap Table*:

*North American Industry Classification System (NAICS) table (All NAICS categories, sorted from biggest to lowest gap, including per household and per person calculations)

PDF Sets Available UN-Branded On Request

(8) Address: No addresses assigned

Tract 1: West Chestnut Expressway

Tract 2: Billings ST

(9) Coordinates: 37.212832,-93.359177

(10) Land: 6.42 acres / 279,969 Gross SF. Net Usable: 133,981 SF / 3.08 acres

Tract 1 Gross: 2.91 acres /126,760 SF. Net usable: 61,128 SF / 1.4 acres

Tract 2 Gross: 3.51 acres /153,209 SF. Net usable: 72,853 SF / 1.67 acres

(11) Frontage: 724.3 EST

Tract 1: 481.66 on W Chestnut EXPY (I44B)

Tract 2: 242.64 EST current on Billings ST (482.61 when extension completed)

(12) Zoning

Tract 1: Highway-Commercial

Tract 2: Residential-Medium Density

(13) Potential Government Incentives

Enhanced Enterprise Zone

Various Cities, County & State Incentives

(14) Detention: on-site and off-site

(15) Utilities: All City utilities in place

(16) In City limits? Yes

(17) In MUD? No

(18) Elevations

NW Corner: 1,248 EST

NE Corner: 1,259 EST

SW Corner: 1,248 EST

SE Corner: 1,252 EST

(19) School District: Willard R-II Independent School District

(20) Legal

Tract 1: PIDN 881317314065: JUNCTION CITY AMD BEG 39.43 FT N SW COR LOT 60 N 264.90 FT E 481.97 FT S 260.50 FT W TO BEG

Tract 2: PIDN 881317314066: JUNCTION CITY AMD BEG 304.33 FT N SW COR LOT 60 E 481.97 FT N 335.98 FT W 149 FT S 20 FT W 330 FT S TO BEG

(21) Minerals: None

NOTE: All measurements from Appraisal District or Survey unless EST. EST is our estimate.

LOCATION

(22) Google Map

Tract 1:

Tract 2:

(23) Inside Loop on West Chestnut Expressway (I44 Business)

(24) Across from Young/Lilley Park: Popular local 2 acre park with 7/10th MI walking fitness trail

(25) 1.3 MI to I44

(26) Distances to Key Intersections

1.3 mi. to I44 and Chestnut EXPY

2.7 mi. to I44 and US160 N

4.9 mi. to I44 and James River Freeway

9.8 mi. to I44 and US65 N

(27) Springfield Accolades

Forbes Magazine: Top Place for Business & Careers

Inc. Magazine: Top 20 Mid-Sized City for Entrepreneurs

Milken Institute: Top 50 Best Performing City

Americas Promise: 100 Best Community for Young People

Biz Journals: Top 40 Best Quality of Life

Entrepreneur Magazine: Top 10 Hot City for Entrepreneurs

Expansion Management: Top 12 Metros for Recruitment & Attraction and 5-Star Quality of Life

National Geographic Adventure Magazine: Top 50 Adventure Towns

World Health Organization: Safe Community designation

RETAIL GAP

(28) Baseline: 5 MIN drive-time

(29) Top Opportunities

# 1 Auto Dealer: $5.4M+

# 2 Food & Beverages: $4.5M+

# 3 Groceries: $4.3M+

# 4 Clothing & Accessories: $2.9M+

# 5 Clothing: $2.2M+

# 6 General Merchandise: $2M+

# 7 Health & Personal Care: $1.7M+

# 8 Sports, Hobbies & Music: $1.3M+

# 9 Furniture: $1.3M+

# 10 Special Food Services: $1.2M+

Per Person and Per Household Calculations Provided in Retail Gap PDF Sets

SCHOOLS AND SCHOOL DISTRICT REVIEW

(30) Summary: Outstanding schools and School District. All schools recently constructed. The District & all 4 schools attend received 8 of 10 Distinguished GreatSchools ratings. Two schools received 5 of 5 Stars and 2 schools received 4 of 5 Stars GreatSchools ratings.

(31) Willard R-II Independent School District

7 schools, 4,095 students

8 of 10 Distinguished GreatSchools rating

(32) Willard East Elementary School (PK-4)

625 students

8 of 10 Distinguished GreatSchools rating

4 of 5 Stars GreatSchools Community Rating

(33) Willard Intermediate School (5-6)

625 students

8 of 10 Distinguished GreatSchools rating

5 of 5 Stars GreatSchools Community Rating

(34) Willard Middle School (7-8)

629 students

8 of 10 Distinguished GreatSchools rating

5 of 5 Stars GreatSchools Community Rating

(35) Willard High School (9-12)

1,220 students

8 of 10 Distinguished GreatSchools rating

4 of 5 Stars GreatSchools Community Rating

DEMOGRAPHICS & ECONOMETRICS

(36) Summary: Outstanding indicators for retail and multi-family development. We compared the 5 MIN drive-time to several Benchmarks*. The 5 MIN drive-time demographics have higher % increases in: population, income, single family homes & home values. And the 5 MIN drive-time demographics have the lowest %: homes for rent and multi-family homes.

(37) Baseline: 5-MIN drive-time

(38) Benchmarks*: Census Tract; 1, 3 & 5-MI; 10 & 15 MIN drive-times; 65802; Springfield; Greene County

(39) Baseline Compared to All Benchmarks*

Basic Demographics

Highest % annual population growth

Highest % less than 10 years old

Highest % at least 45 years old

Highest % married & living together

Income

Highest % annual growth in $100K+ household (HH) incomes

Highest % annual growth in $250K+ HH incomes

Highest % annual growth in median HH incomes

Lowest % under $25K HH incomes

Housing

Lowest % homes for rent

Lowest % single family attached homes

Lowest % low density (3-49 units) multifamily homes

Lowest % medium density (50-99 unit) multifamily homes

Highest % single family homes

Highest % annual growth in home values

Note: All data for 2010. 2012 CCIM updates available upon request.

CCIM REPORTS AND LISTING ANALYSIS

Unless noted all data from Certified Commercial Investment Member (CCIM) Institute. 1,184 underlying CCIM reports are available on request. For your convenience, we now provide many reports in Excel.

Available CCIM Reports:

DISCLOSURES & COPYRIGHTS

Southwest Partners & Global Partners International Realty are registered trademarks and DBAs of Alexander Tiffany Southwest, LLC. RAINMAKER is a registered trademark of Alexander Tiffany Southwest, LLC. We support the principles of the Fair Housing Act and the Equal Opportunity Act. The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to us, we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by us. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.

CONTACT

DIANE ALEXANDER, MBA, Broker, Team Leader, RAINMAKER. Southwest Partners & Global Partners International Realty. M 713.591.9902. O 979.421.9996. diane at swpre. com.