Springfield, IL Conventional Restaurants for Lease
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Springfield, IL Conventional restaurants Lease Rates & Market Statistics
Explore 7 Conventional restaurants for lease in Springfield, IL on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 11,091 square feet of properties.
Asking lease rates for Conventional restaurants in Springfield start at $16 SF/Yr, average $21.50 SF/Yr, and reach $27 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $21.50 SF/Yr is 30% below the Illinois state average of $30.58 SF/Yr.
Springfield accounts for 70% of the 10 conventional restaurants currently available across Sangamon County, where nearby markets include Chatham and Westchester. Conventional restaurants make up 70% of the 10 Restaurants currently for lease in Springfield, with asking rates in line with the citywide Restaurants average. Also worth a look for tenants weighing alternatives: Drive through restaurants (3 listings) elsewhere in the Springfield market.
