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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.

Property Size15,251 SF
Days on Market608

Property Features for 920 N Grand Ave E

General Information

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

Additional Details

Traffic Count 20,550 vehicles/day
Clear Height 12 ft
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Blake Pryor · License #475159138
Source: Moodyscre
Added: Dec 2, 2024 Changed: Jul 27 Last Checked: Aug 2 at 8:45AM

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

Current Use

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

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Nail Salon Auto Parts Store

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

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
  • County Market Pharmacy 225 210 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

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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