Monroe Business Center Office Suite For Lease

LeaseOffice 1,400 SF
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500 W Monroe St
Springfield, IL 62704
Lease Price: $13.50 SF / Gross
Available Space: 1,400 SF
Parking: 102 Spaces
Zoning: S-2, Community Shopping and Office District
Year Built: 1985

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer 1 office suite (Landlord could assemble both) for lease at Monroe Business Center in Springfield, IL.

Suite 2NW:  1,400 SF space that was previously a sales office.  It features 2 private offices, 1 conference room, and a large open work area.

The property has ample on-site parking and common area restrooms.  The lease rate includes utilities, taxes, insurance, and common area maintenance.  The tenant is responsible for routine interior maintenance and janitorial.  The Landlord recently replaced all windows on the north and south sides of the building.  Further, the Landlord would consider updating and remodeling the available office suites for qualified tenants.

Location Description

Monroe Business Center is a 3-story office building located in the Central Business District of Springfield.  This is a great opportunity to nestle your business between the two anchor tenants – the Illinois Primary Healthcare Association on the first floor and the Illinois Student Assistance Commission on the third floor and share a floor with Senior Services of Central Illinois (new tenant; space renovated June 2023) and Ostling & Associates (new tenant; under renovation – coming January 2024).

Further, the site is conveniently located near Springfield’s primary employers – State and City Government (19,210 employees combined), a large medical community including two hospitals and a clinic (12,121 employees combined).  Also, the site is within minutes of several historic landmarks in Downtown Springfield (Governor’s Mansion, Old & New State Capitol, Abraham Lincoln Presidential Library & Museum, Lincoln Nat’l Historic Site).  Finally, the population is nearly 13,000 with over 6,000 households within a 1-mile radius and over 80,000 with over 36,000 households within a 3-mile radius of the site.

Area Description

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.