Turnkey Second-Gen Restaurant Building Near the Interstate & Lake Springfield For Lease
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this freestanding Turnkey Second-Generation Restaurant Building Near the Interstate & Lake Springfield For Lease.
The property is a former Bob Evans restaurant featuring the classic country-living theme. The layout consists of a large kitchen, customer seating in a large dining area, and two ADA-compliant restrooms. The kitchen contains a 23.5’ heat capture hood ventilation system, a 12’ grease hood ventilation system, 1-21.5’ x 12.5’ walk-in cooler, and 1-15’ x 6.25’ walk-in freezer. Also, there is a 3-compartment sink, a vegetable prep sink, 2 handwashing sinks, a dishwashing tank, a 100-gal water heater, and various other fixtures and equipment that remain with the building.
The site is located near the signalized intersection of S. Dirksen Pkwy (a main retail artery – 12,000 AADT) and Stevenson Dr (16,600 AADT) on the southeast side of Springfield. It has 175’ of frontage on Stevenson Dr and visibility from Interstate 55/72 (52,300 AADT), creating a constant buzz. It is minutes away from multiple interchanges on Interstate 55 and 72, and Lake Springfield, a 4,200-acre reservoir and major Central Illinois recreation center offering boating, fishing, and water sports. The lake encompasses 735 residential sites, 8 public parks, and attracts a substantial annual footfall of 600,000 recreational enthusiasts. Nearby businesses include several luxury hotel chains to accommodate business travelers and visitors (IHG, Marriott, and Wyndham), and popular dining establishments that bolster the local dining scene (Red Lobster, Smokey Bones, Hooters, Applebee’s, IHOP, McDonald’s, and Starbucks). The Illinois Dept of Transportation (IDOT) and Illinois Secretary of State (SOS) are the major employers in the area, naturally attracting a steady customer base and fostering strong demand for services in the area. Also, the site enjoys proximity to a wealth of shopping, entertainment, and various amenities, enhancing its overall allure to businesses and investors alike. The area anticipates multiple upcoming developments, including a QuikTrip convenience store next to the site, a 3-story Home2 Suites by Hilton hotel (expected in 2024), a cannabis dispensary (under construction), and a Five Below (announced September 2023; under construction) to elevate the overall appeal even further.
Springfield is the Capital of Illinois. It is located in central Illinois and is accessed by Interstate 55 and Interstate 72. It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis. The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield.