100% Leased Retail Center with Long-Term National & Regional Tenants on High-Visibility Thoroughfare For Sale

InvestmentSaleRetail 11,226 SF
Print Brochure Contact Listing Agent
2936 S 6th Street
Springfield, IL 62703
Price: $1,900,000
Available Space: 11,226 SF
Lot Size (acre): 1.27 Acres
Zoning: B-1
Tax PIN: 22-10.0-378-008
NOI: $166,270.44
Cap Rate: 8.75%


Property Description

100% leased retail center located in Park South on a high visibility thoroughfare in Springfield, IL.  The site has 30,500 AADT and easy access from both Interstate 55 and Interstate 72.  Walmart, Starbucks, Dunkin’, McDonald’s, Taco Bell, KFC, Walgreens, County Market, Aldi are among several neighboring businesses.  Tenants include DaVita Dialysis, Hertz, Rosati’s Pizza, and Bank of Springfield.  All tenants are on long-term NNN leases.  Cap Rate = 8.75%

Directions: Business I-55 becomes S. 6th St.  Access from Professional Dr.