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Freestanding Retail Pharmacy Building
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920 N Grand Ave E, Springfield, IL 62702

Freestanding retail building with open sales area and 12-foot ceilings, plus walk-in cooler, multiple restrooms, and a hydraulic dock lift.

Space Size15,251 SF
Days on Market669

Property Features for 920 N Grand Ave E

General Information

Standard status Active
Size 15,251 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Traffic Count 20,550 vehicles/day
Clear Height 12 ft

Spaces For Lease

at 920 N Grand Ave E
920 N Grand Ave E $9/SF/Yr
Floor Bldg
Size 15,251 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- This freestanding 15,251 SF small-box property offers high visibility on a hard corner lot, formerly home to a CVS Pharmacy. Situated at a bustling intersection with 20,550 AADT, the location guarantees unmatched exposure and accessibility, complemented by prominent pylon signs and convenient traffic-signal access. With ample parking and a large surrounding population, the property is ideal for retail businesses seeking a strategic foothold. - Constructed with durable precast concrete, the building features a spacious open sales area with 12′ ceilings, ideal for flexible layout options. Supporting facilities include a small office, photo room with an eye-washing station, a wet-sprinkler-equipped back stock room, an 18’6″ x 11′ walk-in cooler, three restrooms, a lounge area, a pharmacy, and an additional office. An efficient 5,000 lb hydraulic dock lift further enhances the property’s functionality for businesses with larger inventory needs.
Contact us
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Blake Pryor · License #475159138
Source: Moodyscre
Added: Dec 2, 2024 Changed: Sep 5 Last Checked: Oct 1 at 11:13AM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This freestanding retail building was formerly a CVS Pharmacy and totals 15,251 square feet. Constructed with durable precast concrete, the property includes a spacious open sales area with 12-foot ceilings, supported by a small office, a pharmacy, an additional office, a lounge area, and a photo room with an eye-washing station. Operational support spaces include a wet-sprinkler-equipped back stock room, an 18’6” x 11’ walk-in cooler, three restrooms, and an efficient 5,000 lb hydraulic dock lift.

The building sits on a hard-corner lot at a busy intersection with 20,550 AADT. Access is provided via convenient traffic-signal controls, and the site features prominent pylon signs, along with ample parking.

With its retail-forward sales floor and multiple functional back-of-house improvements, the property offers a strong foundation for retail concepts needing both customer-facing space and practical storage and processing areas.

Key Highlights

  • Freestanding 15,251 SF small‑box retail building on a hard‑corner lot with pylon signage and traffic‑signal access
  • Located on a high‑traffic intersection with 20,550 AADT for visibility and convenient access
  • Precast concrete construction with a spacious open sales area and 12’ ceilings for flexible retail layout

Property Analytics

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Current Use

Coinstar Big Box & Wholesale Store Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm MoneyGram Bank CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Dental Office 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

12 ft
Clear height
20,550 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby
Well-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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Similar Off Market Nearby

  • Health Mart — 210 E Carpenter St, Springfield, IL 62702
  • Dhs Bureau of Pharm & Clinic — 401 N 4th St N1s, Springfield, IL 62702
  • Randy D. Malan, RPh — 401 North 4th Street, Springfield, IL 62702, Springfield, IL 62701
  • illinois prescription monitoring program — 401 N 4th St, Springfield, IL 62702
  • County Market Pharmacy 225 — 210 E Carpenter St, Springfield, IL 62702

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding retail building with open sales area and 12-foot ceilings, plus walk-in cooler, multiple restrooms, and a hydraulic dock lift.
Where is this drug store located?
The property is located at 920 N Grand Ave E Springfield, IL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Freestanding 15,251 SF small‑box retail building on a hard‑corner lot with pylon signage and traffic‑signal access; Located on a high‑traffic intersection with 20,550 AADT for visibility and convenient access; Precast concrete construction with a spacious open sales area and 12’ ceilings for flexible retail layout
(217) 725-9518 Call to check price and availability
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