Downtown Springfield Wyndham City Centre Space For Lease

LeaseRestaurantRetail 3,250 - 14,000 SF
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700 E Adams St
Springfield, IL 62701
Lease Price: $12.00 / SF
Lease Type: Modified Gross
Available Space: 3,250 - 14,000 SF
Zoning: S-3, Central Shopping District
Tax PIN: 14-34.0-132-011
Year Built: 1972

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer retail and restaurant space for lease at the Wyndham City Centre in Downtown Springfield, IL.

The main level includes a 3,250 SF retail space and a 14,000 SF turnkey restaurant and dining space.  The 3,250 SF retail space was Jim Herron, Ltd, an upscale men’s clothing store, for over 25 years.  The layout features an open concept that is perfect for display, boutique, or other complementary retail use.  The 14,000 SF restaurant and dining space is currently The Grille Restaurant and Breakfast Bar.  The layout features an 1,844 SF bar/lounge area, a 3,065 SF expanded dining room, a 2,804 SF breakfast bar that includes plenty of seating, a private dining room, and a buffet area. Further, there is a 4,652 SF full commercial kitchen (2,227 SF dedicated to menu items; 2,425 SF dedicated to banquets and the breakfast bar).  The 30th level includes an 8,300 SF turnkey restaurant and lounge space that was previously Nick & Nino’s Penthouse Steakhouse and the Pinnacle Club Lounge for many years.  Both layouts feature plenty of comfortable seating for patrons wishing to dine or lounge, a private room for dinners, parties or meetings, a full bar with seating, soft warm lighting, and spectacular views of Downtown Springfield.  A full commercial kitchen connects to both spaces.

There is ample street parking and an adjacent parking garage.  The lease rate includes taxes, insurance, and common area maintenance.  Tenants are responsible for utilities, janitorial, and routine interior maintenance.

Location Description

The Wyndham City Centre is a multi-level commercial building located in the heart of Downtown Springfield.  It houses 400 hotel suites with several amenities, large event space for various meetings and events, and multiple dining options including Starbucks, and The Grille Restaurant and Breakfast Bar.  Downtown Springfield has the largest concentration of 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 National Historic Site).  Finally, the population is over 12,000 with over 5,500 households within a 1-mile radius and nearly 80,000 with approx. 35,000 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.