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Office Space with Open Layout
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85 W Algonquin Rd, Springfield, IL

Office space featuring an open layout and building amenities.

Space Size1,123 SF - 17,023 SF
Lot Size7.07 Acres
Days on Market863

Property Features for 85 W Algonquin Rd

General Information

Standard status Active
Size 1,123 SF - 17,023 SF
Lot size 7.07 Acres
Property subtype OFFICE

Spaces For Lease

at 85 W Algonquin Rd Contact us
Name Size Type Rate Availability
85 W Algonquin Rd 1,123 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 2,652 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 3,805 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 1,778 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 4,491 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 2,502 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 1,914 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 1,914 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 2,966 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 2,821 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 17,023 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 4,627 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 2,113 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
85 W Algonquin Rd 6,369 SF OFFICE $20.55/SF/Yr AVAILABLE, Now Contact us
Listing Agency: Hamilton Partners - Corporate
Listed By: Patrick J. McKillen
Source: Moodyscre
Added: Jun 11, 2024 Changed: Oct 10 Last Checked: Oct 20 at 11:03PM

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 Hamilton Partners - Corporate

Rey
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Investment Insights

Based on property information with market context.

This office space features an open space plan and measures 6369 square feet. It benefits from building amenities such as a conference room, on-site management, and a delicatessen. Building signage is available. The property has great access to I-90 and is adjacent to a Doubletree Hotel. Public transportation is available. AT&T and Comcast service are available. The space can be combined with suite 600 for a total of 23,392 square feet.

Key Highlights

  • Great access to I‑90
  • Combine with suite 600 for a total of 23,392 SF
  • Building signage available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Home Appliance Store Auto Parts Store

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

NNN (Triple Net)
Lease Type
$3.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,767
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office space featuring an open layout and building amenities.
Where is this office unit located?
The property is located at 85 W Algonquin Rd Springfield, IL.
What is the lease rate?
The lease rate is $20.55 SF/Yr.
What are key features of this property?
This property features: Great access to I‑90; Combine with suite 600 for a total of 23,392 SF; Building signage available
(630) 250-4907 Call to check price and availability
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