COMMERCIAL LOTS IN REPUBLIC

Highlights

• TOTAL AVAILABLE: 16 acres +/-
• # OF LOTS: 11
• PRICE FOR ALL: $2.25/sf
• PRICE FOR LOTS: $3.25/sf
• ZONING: PD
• LOT SIZES: 1 - 3 acres each

Description

Thank you for viewing these commercial lots for sale in the fastest growing suburb of the Springfield, MO MSA. These lots are located just off of the main retail corridor of Republic MO right off of US-60.
Highland Park Town Center is located behind Lowe's and near Whataburger, Popeyes and Andy's Frozen Custard which all were new construction that opened in 2022 plus Culver's currently under construction for 2023.
There are 11 total lots ranging from 1 to 3 acres at $3.25/SF for individual lots or $2.25/SF for entire 16 acres +/-.

This property is located in Republic Mo, just off Hwy 174 near US 60. Neighboring businesses include: Lowes, Americinn by Wyndham, Andy's, Orscheln, Walmart, Whataburger, and many more local and national businesses.

Lee McLean, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.

Republic's population was 18,750 based on the most recent 2020 census and has been experiencing significant growth for the area of late. Amazon opened a 1.3 million square foot facility in Republic in 2021 in addition to the new 230,000 SF Convoy of Hope distribution facility which opened that same year.

During this last year Republic opened the first Whataburger to enter Southwest Missouri in addition to Republic getting its first Andy's Frozen Custard and Popeye's. Culver's is also under construction and projected to open in 2023. These new developments all sit right across from the subject property for lease. All of these sites are shadow-anchored by the only Lowe's Home Improvement store and Walmart Supercenter located in Republic.

* Republic outpaced Springfield 27% to 6% in population growth from 2010 to 2020 and outpaced Greene County which saw an
8.6% increase in the same span.
* Republic had an 18% year over year increase in sales tax revenue showing a surge in commercial sales activity.
* New Amazon distribution hub expected to add 1,800 new jobs.
* New Convoy of Hope World Headquarters distribution facility opened in 2021 in Republic and now their 200,000 SF office
headquarters is under construction.
* Republic voters recently approved a new regional athletic complex at a cost of $40 million to help make Republic a youth
sports travel destination.

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