Restaurant-Ready Retail
For Sale
$1,250,000
Pending
3434 Freedom Drive, Springfield, IL 62704
Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.
Property SizeContact for details
Lot Size1.32 Acres
Days on Market53
Property Features for 3434 Freedom Drive
General Information
Standard status
Pending
Total Parking Spaces
76
Lot size
1.32 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
The Real Estate Group Inc
(217) 641-2995
Listed By:
Jay Clark (jclark@thegroup.com)
Source:
Farlowrealestateexperts
Added: Jun 29
Changed: Jul 10
Last Checked: Aug 16 at 5:14AM
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 The Real Estate Group Inc
Investment Insights
Based on property information with market context.
This offering includes a restaurant-ready building that was previously operated as Bakers Square and is completely set up for a restaurant operation. The property sits on 1.32 acres and includes a lot with 76 parking spaces, supporting straightforward customer access for day-to-day service.
The site is located in Parkway Pointe, a diverse shopping center anchored by Super Walmart and Target. The center also features tenants such as Starbucks, Verizon, Aldi, and McDonald’s, along with lodging operators including Courtyard by Marriott and Fairfield by Marriott, plus Sleep Inn and Quality Inn. The property is positioned at the intersection of IL 4 and Lindbergh and at the exit of Interstate 72, providing strong visibility for passing traffic.
For operators seeking a turn-key restaurant location, the existing restaurant setup reduces the lead time associated with getting open. The combination of ample on-site parking and the center’s established tenant mix can support consistent customer flow from both regional drivers and local shoppers.
The site is located in Parkway Pointe, a diverse shopping center anchored by Super Walmart and Target. The center also features tenants such as Starbucks, Verizon, Aldi, and McDonald’s, along with lodging operators including Courtyard by Marriott and Fairfield by Marriott, plus Sleep Inn and Quality Inn. The property is positioned at the intersection of IL 4 and Lindbergh and at the exit of Interstate 72, providing strong visibility for passing traffic.
For operators seeking a turn-key restaurant location, the existing restaurant setup reduces the lead time associated with getting open. The combination of ample on-site parking and the center’s established tenant mix can support consistent customer flow from both regional drivers and local shoppers.
Key Highlights
- Restaurant‑ready space in a shopping center with Super Walmart and Target as anchors
- High‑visibility location at the intersection of IL 4 and Lindbergh, at the exit of Interstate 72
- Previously Bakers Square; completely ready for restaurant operation
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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 - Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.
Where is this conventional restaurant located?
The property is located at 3434 Freedom Drive Springfield, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Restaurant‑ready space in a shopping center with Super Walmart and Target as anchors; High‑visibility location at the intersection of IL 4 and Lindbergh, at the exit of Interstate 72; Previously Bakers Square; completely ready for restaurant operation
