Investment Overview

Marcus and Millichap is please to present a vacant retail property in Springfield, Illinois. This is a 10,600 square foot wood-framed property constructed in 2015 and is being sold below the construction cost. Property can be divided into two separate retail units if needed. Property sits on two acers of land in the major retail corridor of Springfield off N Dirksen Pkwy and Atlanta Street. Property is on the corner lot and has a parking lot with 49 spots available. The property sits right off route 55, a major highway, and sees over 20,000 vehicles per day. It is positioned near other retail stores such as: Lowes, Menards, Chipotle, Culvers, Aldi and is also down the street from the hotel Northfield Inn Suites and Conference Center. Springfield is the capital of Illinois and home to over 115,000 people with an MSA population of 208,000. The median income of the population within a one-mile radius is $67,873 which is roughly $5,000 higher compared to the city of Springfield average. The property is located 5.7 miles from the Abraham Lincoln Capital airport and has a bus stop for the Sangamon Mass Transit District about 1 mile away that can take passengers all over the city.