Anchor Restaurant or Retail Space For Lease

LeaseRestaurantRetail 2,700 SF
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3429 Freedom Dr
Springfield, IL 62711
Lease Price: $20.00 / SF
Lease Type: NNN
Available Space: 2,700 SF
Lot Size (acre): 1.23 AC
Zoning: S-2
Tax PIN: 21-13.0-228-030
Year Built: 1992

Property Description

Subject Property was originally constructed in 1992, and for many years was a Perkins Restaurant and Bakery. It was redeveloped over the course of 2 years to accommodate multiple tenants. At one point, the newly remodeled property was fully leased to Pie’s the Limit, Tribble Vapors, and Cricket Wireless. The available former Pie’s the Limit space is approx. 2,700 SF. It features an open dining/retail area (Seating for 32), outdoor patio area (Seating for 20), two ADA compliant restrooms, and a kitchen and dish area,. The kitchen area features a 7’ x 12’ walk-in cooler and handwashing sink. The dish area features a handwashing sink, water heater, and part of a dish tank. Subject Property could accommodate a drive-thru. NNN estimate = $7 psf.

Location Description

Subject Property is located in the larger Parkway Pointe Development on the southwest side of Springfield. It has visibility from Veterans Parkway, with a traffic count of 28,300 AADT. It is minutes away from several large residential neighborhoods. Retailers in the same development include Walmart, Target, Aldi, McDonald’s, Starbucks, Portillo’s (coming soon), Hobby Lobby, Applebee’s, Wendy’s, and many others.