Harbor Freight – Anchored Center Pad Site For Lease

LeaseRestaurantRetail 2,788 SF
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719 W Jefferson St
Springfield, IL 62702
Lease Price: Negotiable
Lease Type: Absolute NNN
Available Space: 2,788 SF
Lot Size (sqft): Negotiable
Zoning: B-1, Highway Business District

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this Harbor Freight-Anchored Pad Site For Lease.  The Landlord would consider leasing the property for a build-to-suit and/or a ground lease.  The Landlord would create a separate legal parcel.

The site is a premier hard corner lot location near Downtown Springfield and the Mid-Illinois Medical District.  It has ingress and egress from W. Jefferson St (11,800 AADT) and S. Walnut St.  It would be ideal for a fast food/QSR.  The location benefits from proximity to the large medical campus that includes two major hospitals (Memorial Medical Center, HSHS St. John’s Hospital) and the SIU School of Medicine, many government buildings and the State Capitol tourism, which brings many regional and national visitors to the area every year.  Also, it is a strong retail location with Harbor Freight and a Bank of Springfield ATM kiosk as co-tenants.  Further, the immediate area includes McDonald’s, Burger King, Domino’s, Hardee’s, Ace Hardware, and many other state agencies, professional office, and restaurants.

The parking requirement for a restaurant is 1 space for every 100 square feet of floor area open to the public, including patio areas.  The stacking requirement for all restaurant drive-up windows is 150 feet.  The drive lanes must be exclusive of parking spaces and other site circulation.  The minimum lane width for the drive-thru is 10 feet, but that varies on angled parking and two-way traffic.***

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.

***An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon CBCDR.