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Hard-Corner Retail Space
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719 W Jefferson St, Springfield, IL 62702

Retail space at a signalized intersection with dual access points and nearby national retailers.

Space Size3,000 SF - 24,210 SF
Lot Size3.37 Acres
Days on Market16

Property Features for 719 W Jefferson St

General Information

Standard status Active
Size 3,000 SF - 24,210 SF
Total Parking Spaces 121
Lot size 3.37 Acres
Property subtype Retail

Additional Details

Road Access Yes

Amenities

signalized intersection
two points of ingress/egress
co-tenants: Ace Hardware, AutoZone, McDonald's, Burger King

Spaces For Lease

at 719 W Jefferson St Contact us

#1

Size
24,210 SF
Availability
Active
Contact us

#2

Size
3,000 SF
Availability
Active
Contact us
Listing Agency: Bahn Realty Commercial Real Estate Services
Listed By: Nicholas Bahn · License #MO 2009005958
Source: Crexi
Added: Sep 9 Changed: Sep 23 Last Checked: Sep 24 at 7:33AM

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 Bahn Realty Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Retail space at 719 W Jefferson St in Springfield, Illinois, positioned on a hard corner at W. Jefferson Street and N. Walnut Street. The property includes two ingress and egress points and 121 on-site parking spaces across 3.37 acres, supporting convenient customer access and retail operations.

The site is part of a redevelopment that includes Harbor Freight Tools and benefits from nearby Ace Hardware, AutoZone, McDonald's, and Burger King. Its location provides access to Downtown Springfield and the Mid-Illinois Medical District, with Memorial Medical Center, HSHS St. John's Hospital, and SIU School of Medicine nearby. The property is suited to retail, medical, and service tenants.

Key Highlights

  • 3.37‑acre retail property with 121 on‑site parking spaces
  • Hard‑corner position at W. Jefferson Street and N. Walnut Street
  • Signalized intersection with two points of ingress/egress

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,183
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Springfield, IL

$20 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
4,657 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space at a signalized intersection with dual access points and nearby national retailers.
Where is this retail space located?
The property is located at 719 W Jefferson St Springfield, IL.
What are key features of this property?
This property features: 3.37‑acre retail property with 121 on‑site parking spaces; Hard‑corner position at W. Jefferson Street and N. Walnut Street; Signalized intersection with two points of ingress/egress
More about this property
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