Absolute NNN
New
For Sale
$1,620,000
3121-3173 South Dirksen Parkway, Springfield, IL 62703
Ground lease structure limits landlord obligations and includes multiple renewal options with scheduled increases.
Property Size163,828 SF
Lot Size0.56 Acres
Days on Market5
Property Features for 3121-3173 South Dirksen Parkway
General Information
Standard status
Active
Size
163,828 SF
Lot size
0.56 Acres
Property subtype
Retail - Freestanding
Site & Location
Traffic Count
54,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
163,828 SF
Year Built
2017
Buildings
1
Listing Agency:
Encore Real Estate Investment Services
(405) 840-0200
Listed By:
Mike West · License #KY275615
Source:
Commercialcafe
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 29 at 6:27AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This NNN property occupies 0.56 acres along South Dirksen Parkway in Springfield, Illinois. The offering is structured as an absolute NNN ground lease, with no landlord responsibilities identified in the property information. The lease includes four five-year renewal options, each carrying 10% increases.
The site is adjacent to I-72 and has frontage exposed to approximately 54,000 vehicles per day. Surrounding retailers include McDonald’s, Panera Bread, Starbucks, McAlister’s Deli, Steak ’n Shake, Long John Silver’s, Dollar Tree, and Five Below. A shopping center behind the property is also being offered through Encore. An Amazon warehouse and distribution center opened on North Dirksen Parkway in 2025, creating more than 100 jobs. Springfield Memorial Hospital is 6 miles away and has 500 acute care beds.
The site is adjacent to I-72 and has frontage exposed to approximately 54,000 vehicles per day. Surrounding retailers include McDonald’s, Panera Bread, Starbucks, McAlister’s Deli, Steak ’n Shake, Long John Silver’s, Dollar Tree, and Five Below. A shopping center behind the property is also being offered through Encore. An Amazon warehouse and distribution center opened on North Dirksen Parkway in 2025, creating more than 100 jobs. Springfield Memorial Hospital is 6 miles away and has 500 acute care beds.
Key Highlights
- Absolute NNN ground lease with zero landlord responsibilities
- 0.56‑acre site adjacent to I‑72
- Frontage exposed to 54,000 vehicles per day
Property Analytics
Current Use
Lease Details
54,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
NNN property - Ground lease structure limits landlord obligations and includes multiple renewal options with scheduled increases.
Where is this nnn property located?
The property is located at 3121-3173 South Dirksen Parkway Springfield, IL.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities; 0.56‑acre site adjacent to I‑72; Frontage exposed to 54,000 vehicles per day
