Renovated Retail Space with Open
New
For Lease
$16.50 SF/Yr
720 W South Grand Avenue, Springfield, IL 62704
Updated building offers flexible rooms for retail, office, showroom, and professional-service operations.
Space SizeContact for details
Days on Market4
Property Features for 720 W South Grand Avenue
General Information
Standard status
Active
Total Parking Spaces
11
Property subtype
Commercial
Lease Type
NNN
Lease Terms
Lease Rate
$16.50 /USD/SF/YR
Rent per SF/Year
$16.50
Additional Details
Condition
Turnkey
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,023
Amenities
new exterior façade
re-striped parking lot
new flooring
freshly painted walls
modern Pella windows & door
LED panel lighting
new HVAC system
rest room
Listing Agency:
Todd P Smith Real Estate
Listed By:
Todd Smith ([email protected])
Source:
Curveyrealestate
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 11 at 8:42AM
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 Todd P Smith Real Estate
Investment Insights
Based on property information with market context.
This renovated retail space combines a large central room with two additional rooms featuring cabinetry and sinks, plus smaller areas for storage or closets. The interior has new flooring, finished walls, LED panel lighting, modern Pella windows and doors, a new HVAC system with ductwork, and a restroom. A new exterior façade and re-striped parking lot further update the property.
The layout is suited to retail, office, medical, showroom, or professional-service use. The property is located on South Grand with access toward MacArthur Boulevard to the west and 5th and 6th streets to the east.
The layout is suited to retail, office, medical, showroom, or professional-service use. The property is located on South Grand with access toward MacArthur Boulevard to the west and 5th and 6th streets to the east.
Key Highlights
- Newly renovated retail/office building with modern finishes
- Large open main room plus 2 rooms with cabinetry and sinks
- New HVAC system and ductwork with LED panel lighting
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Updated building offers flexible rooms for retail, office, showroom, and professional-service operations.
Where is this retail space located?
The property is located at 720 W South Grand Avenue Springfield, IL.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Newly renovated retail/office building with modern finishes; Large open main room plus 2 rooms with cabinetry and sinks; New HVAC system and ductwork with LED panel lighting
