Walmart-Anchored Pad Site For Lease

LeaseRestaurantRetail 0.68 AC
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3335 S Veterans Pkwy
Springfield, IL 62704
Lease Price: $20.00/SF
Lease Type: Absolute NNN
Lot Size (acre): 0.68 AC
Parking: 1/100 SF
Zoning: S-2

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this former Walmart-Anchored Outlot for Lease.  The Landlord would consider leasing the property as a second-generation restaurant, a retrofit, a build-to-suit, and/or a ground lease.

The property is approximately 0.68 acres available as a retail pad site, ground lease, or build-to-suit opportunity.  The Landlord would agree to lease the 0.68 acres at $20 / SF / Absolute NNN with a $200 / SF Tenant Improvement Allowance.

Location Description

The property is located in the Parkway Pointe Development on the southwest side of Springfield.  Veterans Pkwy carries 30,300 AADT and Lindbergh Blvd carries 17,400 AADT for a combined 47,700 AADT along this hard signalized corner.  It is minutes away from Interstate 72 and several large residential neighborhoods.  Nearby attractions include Walmart, Target, Hobby Lobby, Starbucks, McDonald’s, Portillo’s, Wendy’s, Aldi, and many others.

Area Description

Springfield is the capital of Illinois. It is located in central Illinois and is accessed by both 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.