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Shadow-Anchored Retail Center
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3405-3443 Freedom Drive, Springfield, IL 62704

Retail center shadow-anchored by Aldi, Target, and a Walmart Supercenter.

Space Size5,065 SF
Property Size38,512 SF
Days on Market1975

Property Features for 3405-3443 Freedom Drive

General Information

Standard status Active
Size 5,065 SF
Total Parking Spaces 344
Property subtype Retail

Site & Location

Traffic Count 45,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 38,512 SF
Year Built 1994
Tenancy Multiple

Spaces For Lease

at 3405-3443 Freedom Drive Contact us

Suite 105

Size
5,065 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Rivercrest Realty Associates LLC
Listed By: Alexis Johnson · License #NC 296101
Source: Crexi
Added: Apr 10, 2021 Changed: Aug 14 Last Checked: Sep 1 at 2:41AM

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 Rivercrest Realty Associates LLC

Investment Insights

Based on property information with market context.

Parkway Pointe Plaza is a shadow-anchored retail center with Aldi, Target, and a Walmart Supercenter as anchor retailers. The property is positioned for everyday tenant exposure within an established shopping environment.

The center sits at the southwest corner of Veterans Parkway and Lindbergh Boulevard and benefits from a significant combined daily vehicle count of over 45,000. It is located less than a mile from I-72, supporting convenient regional access for customers traveling from neighboring western suburbs, including Curan and Bates, as well as New Berlin and more.

Key Highlights

  • Shadow‑anchored retail center with Aldi, Target, and a Walmart Supercenter
  • Located at the southwest corner of Veterans Parkway and Lindbergh Boulevard
  • Site benefits from a combined daily vehicle count of over 45,000

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Big Box & Wholesale Store Hair Salon HVAC Service Plumbing Service

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

45,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value

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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Similar Off Market Nearby

  • Parkway Pointe 3335-3443 Freedom Dr, Springfield, IL 62704

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center shadow-anchored by Aldi, Target, and a Walmart Supercenter.
Where is this shopping center located?
The property is located at 3405-3443 Freedom Drive Springfield, IL.
What are key features of this property?
This property features: Shadow‑anchored retail center with Aldi, Target, and a Walmart Supercenter; Located at the southwest corner of Veterans Parkway and Lindbergh Boulevard; Site benefits from a combined daily vehicle count of over 45,000
More about this property
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