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Spacious Commercial Property in Springfield
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1200 N 8th St, Springfield, IL 62702

Large 15,376 SF commercial property with parking and yard.

Space Size15,376 SF
Days on Market432

Property Features for 1200 N 8th St

General Information

Standard status Active
Size 15,376 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1200 N 8th St
1200 N 8th St $6.50/SF/Yr
Floor Bldg
Size 15,376 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- This is your opportunity to capitalize on the promising future & great things happening in the area of 9th St & North Grand Ave. in Springfield, IL. Located near the intersection of these two arterial roadways, this property features several points of ingress/egress, a spacious building, large parking lot, & small fenced outdoor yard area. The location has nice street frontage and signage and would be perfect for showcasing your products and attracting customers. With a total area of +/-15,376 square feet, this property has plenty of room for your business to grow & expand. Don't miss this opportunity to own or lease this prime commercial property in a thriving area.
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Listing Agency: Todd P Smith Commercial Real Estate
Listed By: Todd P. Smith · License #471004523
Source: Moodyscre
Added: Jul 31, 2025 Changed: Sep 10 Last Checked: Oct 4 at 10:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Commercial Real Estate

Investment Insights

Based on property information with market context.

Located near the intersection of 9th St and North Grand Ave in Springfield, IL, this commercial property offers a total area of approximately 15,376 square feet. The building features multiple points of ingress and egress, a large parking lot, and a small fenced outdoor yard area. The location benefits from street frontage and signage opportunities, suitable for showcasing products and attracting customers. This property provides ample space for business growth and expansion.

Key Highlights

  • Large building with +/-15,376 square feet, offering ample space for business growth.
  • Prime commercial location near the intersection of 9th St & North Grand Ave in a thriving area.
  • Multiple points of ingress/egress for convenient access.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Storage Facility Gym & Fitness Center Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Large 15,376 SF commercial property with parking and yard.
Where is this storefront property located?
The property is located at 1200 N 8th St Springfield, IL.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: Large building with +/-15,376 square feet, offering ample space for business growth.; Prime commercial location near the intersection of 9th St & North Grand Ave in a thriving area.; Multiple points of ingress/egress for convenient access.
(217) 441-8000 Call to check price and availability
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