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New Strip Mall with Six Units
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2901 W WHITE OAKS Drive, Springfield, IL 62704

Commercial Lease, Springfield, IL

Space Size1,800 SF
Lot Size1.50 Acres
Days on Market8

Property Features for 2901 W WHITE OAKS Drive

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning B
Parking 100
Directions W on Wabash, N on White Oaks Dr, new construction property on left side
Standard status Active
APN 21-12.0-229-022
Lot size 1.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6034

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 1
Flooring type Concrete
Building materials Ornamental Block, Stucco, Stone
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Jerry George · License #475159363
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 21 at 1:06AM
MLS# CA1046488

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A six-unit retail center is under construction at 2901 W White Oaks Drive in Springfield, Illinois. Each space is planned at approximately 1,800 square feet, with NNN lease terms. The project is scheduled for completion in 2026 and is designed with ornamental block, stucco, and stone construction, flat roofing, concrete flooring, central air, forced-air heating, and natural gas service.

The 1.5-acre property is positioned within an established retail area and near Kohl's, T.J. Maxx, Sierra, Harvest Market, and Bella Boutique & Bar. Public sewer serves the site, and the property carries B zoning. The six-space format provides a range of retail suites within a single new development.

Key Highlights

  • Six planned retail units, each approximately 1,800 square feet
  • 1.5‑acre commercial site at 2901 W White Oaks Drive
  • NNN lease structure

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Law Firm HVAC 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - NNN retail leasing is planned within a six-unit center under construction on a 1.5-acre commercial site.
Where is this strip mall located?
The property is located at 2901 W WHITE OAKS Drive Springfield, IL.
What are key features of this property?
This property features: Six planned retail units, each approximately 1,800 square feet; 1.5‑acre commercial site at 2901 W White Oaks Drive; NNN lease structure
More about this property
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