Walmart & Target Shadow Center Anchor Restaurant or Retail Space For Lease

LeaseRestaurantRetail 2,700 SF
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3429 Freedom Dr
Springfield, IL 62704
Lease Price: $20.00 / SF NNN
Available Space: 2,700 SF
Parking: 82 Spaces
Zoning: S-2, Community Shopping & Office District
Year Built (Remodeled): 1992 (2015)
NNN Estimate: $7.75 / SF

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this Walmart & Target Shadow Center Anchor Restaurant or Retail Space For Lease.

The available space is anchor of the high traffic and highly visible Freedom Plaza retail center.  The space features an open dining area (Seating for 32), outdoor patio area (Seating for 20), 2 ADA-compliant restrooms, and a kitchen and dish area.  The kitchen area includes a 7’ x 12’ walk-in cooler and a handwashing sink.  The dish area includes a handwashing sink, 50-gal water heater, and a dish tank.  Co-tenants include Tribble Vapors and Cricket Wireless.  The property could accommodate a drive-thru. 

Location Description

Freedom Plaza is located in the Parkway Pointe Development on the southwest side of Springfield.  It has visibility from Veterans Pkwy/Rt. 4 (29,900 AADT), the main retail artery and thoroughfare in Springfield.  It is minutes away from several large residential neighborhoods and Interstate 72.  Noteworthy destinations in the same development include Walmart, Target, Aldi, Starbucks, Portillo’s, McDonald’s, Hobby Lobby and Maribis Cannabis Dispensary. The trade area includes White Oaks Mall (Macy’s, Dick’s, Esporta Fitness, Cooper’s Hawk) and White Oaks Plaza (Big Lots, Home Goods, TJ Maxx, Kohl’s, Harvest Market), among many other restaurants, amenities, and professional services.

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.