4525 Wabash Ave Springfield, IL 62711

Listing agency Marcus & Millichap - Indianapolis n***@marcusmillichap.com Show Phone

Listed by Nathan Whalen · License #IN AB21402364

Source Crexi

Added: Apr 12 Updated: Jul 21 at 4:19PM Checked: Jul 21 at 4:19PM

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Investment Insights

Based on property information with market context.

The Yellowstone Plaza is a five-tenant retail center built in 2003 and maintained in excellent condition. The property is offered at 100% occupancy with tenants including Bella Milano, Rabo Finance, Springfield Clinic Optometry, Envy Hair Salon, and Springfield Clinic Urgent Care West. All tenants have NNN, long-term leases, with scheduled annual rental increases in place. Envy Hair Salon currently occupies the smallest unit.

The center is positioned off Wabash Avenue in Springfield, IL, and sits at the Wabash exit from I-72. The site is described as seeing over 12,000 vehicles pass by daily, with I-72 traffic reported at 20,000 vehicles per day. The immediate area is supported by multiple retail and service traffic drivers, including McDonald’s, Buffalo Wild Wings, Culver’s, Smoothie King, and Anytime Fitness, along with several car dealerships.

This is a specialty NNN property configured as a multi-tenant retail center with long-term leases designed to minimize landlord responsibilities.

Key Highlights

• 5‑tenant retail center in Springfield, IL with 100% occupancy
• Built in 2003 on 1.23 acres, maintained in excellent condition per listing remarks
• All five tenants signed NNN, long‑term leases with minimal landlord responsibility

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FAQs

What type of property is this?

Shopping center - Five-tenant retail center with long-term NNN leases and 100% occupancy, built in 2003.

Where is this shopping center located?

The property is located at 4525 Wabash Ave Springfield, IL.

What are key features of this property?

This property features: 5‑tenant retail center in Springfield, IL with 100% occupancy; Built in 2003 on 1.23 acres, maintained in excellent condition per listing remarks; All five tenants signed NNN, long‑term leases with minimal landlord responsibility