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Strip Mall Retail Space
For Lease
Contact for pricing

1802 N Grand Ave., Springfield, IL 62702

Flexible layout with expansive windows, natural light, and customer parking.

Space Size1,500 SF - 3,985 SF
Days on Market49

Property Features for 1802 N Grand Ave.

General Information

Standard status Active
Size 1,500 SF - 3,985 SF
Property subtype Retail - Strip

Additional Details

Space Use Retail

Building Details

Building Size 3,985 SF

Spaces For Lease

at 1802 N Grand Ave.
1802 N Grand Ave E Immediate
Size 1,500-3,985 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Legacy Commercial Property
Listed By: Matthew Hill
Source: Commercialcafe
Added: Aug 15 Changed: Sep 26 Last Checked: Oct 1 at 8:39AM

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 Legacy Commercial Property

Investment Insights

Based on property information with market context.

Retail space is available within a strip mall setting at 1802 N. Grand Ave. The property features a flexible interior arrangement, expansive windows, abundant natural light, and customer parking. Its exterior is described as well maintained, with a contemporary architectural design that presents a professional storefront appearance.

The property is positioned among residential neighborhoods and commercial destinations in Springfield, including downtown shops, restaurants, and cultural attractions. The Abraham Lincoln Presidential Library and Museum is identified as a nearby landmark. The location also offers access to a mix of surrounding retail and community-oriented destinations for businesses seeking a Springfield storefront.

Key Highlights

  • Flexible retail layout that can be customized for different business needs
  • Expansive windows provide abundant natural light
  • Customer parking is available on site

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

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?
Strip mall - Flexible layout with expansive windows, natural light, and customer parking.
Where is this strip mall located?
The property is located at 1802 N Grand Ave. Springfield, IL.
What are key features of this property?
This property features: Flexible retail layout that can be customized for different business needs; Expansive windows provide abundant natural light; Customer parking is available on site
More about this property
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