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 Market1045
Property Features for 3050 Adlai Stevenson Dr
General Information
Standard status
Active
Size
6,241 SF
Total Parking Spaces
81
Property subtype
Retail, Restaurant
Lease Type
NNN
Building Details
Building Size
6,241 SF
Year Built
1992
Tenancy
Single
Spaces For Lease
at 3050 Adlai Stevenson Dr Contact us- Size
- 6,241 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 547-6650
Listed By:
Blake Pryor · License #475159138
Source:
Crexi
Added: Oct 11, 2023
Changed: Aug 15
Last Checked: Aug 20 at 4:19PM
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
Property Profile
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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.
