Well-Equipped Restaurant Building For
For Lease
Contact for pricing
3050 Adlai Stevenson Dr, Springfield, IL 62703
Freestanding, well-equipped restaurant building near the Interstate and Lake Springfield.
Space Size6,241 SF
Days on Market636
Property Features for 3050 Adlai Stevenson Dr
General Information
Standard status
Active
Size
6,241 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 3050 Adlai Stevenson Dr
3050 Adlai Stevenson Dr
$14/SF/Yr
Floor
Bldg
Size
6,241 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- oldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this freestanding Well-Equipped Second-Generation Restaurant Building Near the Interstate & Lake Springfield For Lease. The property is a former Bob Evans restaurant featuring the classic country-living theme. The layout consists of a large kitchen, customer seating in a large dining area (remodeled in 2015), and two ADA-compliant restrooms (remodeled in 2015). The kitchen contains a 23.5’ heat capture hood ventilation system, a 12’ grease hood ventilation system, 1-21.5’ x 12.5’ walk-in cooler, and 1-15’ x 6.25’ walk-in freezer. Also, there is a 3-compartment sink, a vegetable prep sink, 2 handwashing sinks, a dishwashing tank, a 100-gal water heater, and various other fixtures and equipment that remain with the building.
Contact us
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 352-7712
Listed By:
Blake Pryor · License #475159138
(217) 725-9518
Source:
Moodyscre
Added: Jan 7, 2025
Changed: Oct 2
Last Checked: Oct 4 at 1:08PM
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, well-equipped second-generation restaurant building is available for lease. Formerly a Bob Evans restaurant with a classic country-living theme, the layout includes a large kitchen, a spacious dining area remodeled in 2015, and two ADA-compliant restrooms, also remodeled in 2015. The kitchen is equipped with a 23.5’ heat capture hood ventilation system, a 12’ grease hood ventilation system, a 21.5’ x 12.5’ walk-in cooler, and a 15’ x 6.25’ walk-in freezer. Additional kitchen features include a 3-compartment sink, a vegetable prep sink, two handwashing sinks, a dishwashing tank, a 100-gal water heater, and various other fixtures and equipment that remain with the building. The property is located near the signalized intersection of S. Dirksen Pkwy and Stevenson Dr on the southeast side of Springfield, with 175’ of frontage on Stevenson Dr and visibility from Interstate 55/72. It is situated minutes from multiple interchanges on Interstates 55 and 72, and Lake Springfield, a 4,200-acre reservoir. The location is near several luxury hotel chains and popular dining establishments. Major area employers include the Illinois Dept of Transportation (IDOT) and the Illinois Secretary of State (SOS). Upcoming developments in the area include a QuikTrip convenience store next to the site, and a nearly complete 3-story Home2 Suites by Hilton hotel. A cannabis dispensary is already open in the area. Springfield is the Capital of Illinois, located in central Illinois and accessed by Interstate 55 and Interstate 72.
Key Highlights
- Well‑equipped, second‑generation restaurant building with a large kitchen and dining area, ready for immediate use.
- High visibility location with frontage on Stevenson Dr. and exposure to Interstate 55/72 (52,300 AADT).
- Proximity to Interstate 55/72 interchanges and Lake Springfield, a major recreation center attracting 600,000 annual visitors.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62703, IL
28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding, well-equipped restaurant building near the Interstate and Lake Springfield.
Where is this conventional restaurant located?
The property is located at 3050 Adlai Stevenson Dr Springfield, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Well‑equipped, second‑generation restaurant building with a large kitchen and dining area, ready for immediate use.; High visibility location with frontage on Stevenson Dr. and exposure to Interstate 55/72 (52,300 AADT).; Proximity to Interstate 55/72 interchanges and Lake Springfield, a major recreation center attracting 600,000 annual visitors.
