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Retail Space with Expansion Plan
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1300 Toronto Road, Springfield, IL 62712

B-1 retail space with modified-gross leasing and potential build-to-suit flexibility.

Space Size8,000 SF
Days on Market2553

Property Features for 1300 Toronto Road

General Information

Standard status Active
Size 8,000 SF
Net Rentable 8,000 SF
Zoning B-1
Lease Type Modified Gross

Space & Availability

Contiguous Space 8,000 SF
Divisible Yes

Building Details

Building Size 8,000 SF
Listing Agency: Keller Williams Capital
Listed By: James Skeeters · License #475097981
Source: Craggsrealtors
Added: Aug 16, 2019 Changed: Aug 9 Last Checked: Aug 11 at 1:18PM

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 Keller Williams Capital

Investment Insights

Based on property information with market context.

Retail space at Southfield Commons is positioned for an expansion-oriented leasing plan. A proposed 8,000-square-foot addition can be divided, with construction adaptable to tenant requirements. The property also offers ample parking and exposure to substantial highway traffic.

The site is located at 1300 Toronto Road in Springfield, near UIS, McDonald's, Cracker Barrel, Wendy's, convenience stations, banks, and other services within a half-mile corridor. Lake Springfield, additional shopping centers, and three subdivisions are approximately one mile away, while nearby multifamily development contributes to the surrounding commercial setting. The lease structure is modified gross, and the property is zoned B-1.

Key Highlights

  • Proposed 8,000‑square‑foot expansion with divisible space
  • Construction can be tailored to specific tenant requirements
  • B‑1 zoning and modified‑gross lease structure

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Law Firm Big Box & Wholesale Store Restaurant

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

Demographics for 62712, IL

10,321
Population
4,938
Households
2.1
Avg Household Size
44
Median Age
48%
College-Educated
99%
High-School Grad
23.9 sq mi
ZIP Area
432
Density / Sq Mi
$108,730
Median Household Income
$59,805
Median Earnings
$1,156
Median Rent
$244,300
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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Frequently Asked Questions

What type of property is this?
Retail space - B-1 retail space with modified-gross leasing and potential build-to-suit flexibility.
Where is this retail space located?
The property is located at 1300 Toronto Road Springfield, IL.
What are key features of this property?
This property features: Proposed 8,000‑square‑foot expansion with divisible space; Construction can be tailored to specific tenant requirements; B‑1 zoning and modified‑gross lease structure
More about this property
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