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    2719 6Th St Springfield, IL 62703

    For Lease
    $10 SF/Yr

    High-traffic retail space, excellent visibility

    Lot size:
    88,793 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    County Market Plaza offers a prime retail or office opportunity in Springfield, IL. This multi-tenant strip center, located at 2719 S 6th St (cross streets: Linton), boasts 88,793 total square feet and features a highly visible location with easy access. The property is zoned B-1 City of Springfield (APN: 22-09.0-282-010) and benefits from its proximity to the I-72/I-55 interstate crossroads (just 1.5 miles away), experiencing high traffic volume with 30,500 ADT on Business 55. The plaza enjoys a prominent position at the intersection of heavily traveled 6th Street/Business 55 and Stanford/Wabash Avenue, with a stoplight at the 6th Street entrance and additional access via 4th Street. Currently, 1,140 contiguous square feet are available, with a minimum divisible space of 2,200 square feet. The property includes two total suites. The lease rate is $10.00 NNN, with a 0.50% annual escalation. This location provides exceptional visibility and convenient access for businesses seeking a thriving Springfield market presence. The space is ideal for a variety of retail or office uses.

    Property Features for 2719 6Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,793 SF
    Total Rate
    73994.17

    Unit(s) available at that property

    Space
    2749
    Size
    1,600 SF
    Rate per SF
    $10

    HighLights

    • High‑visibility retail/office space in Springfield, IL, totaling 88,793 square feet.
    • Easy access via signalized 6th Street entrance and additional 4th Street access.
    • Prime location on Business 55, a major thoroughfare connecting I‑55/I‑72 to downtown Springfield.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.649702131676
    Latitude
    39.765358902275

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space, excellent visibility
    Where is this neighborhood center located?
    The property is located at 2719 6Th St Springfield, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail/office space in Springfield, IL, totaling 88,793 square feet.; Easy access via signalized 6th Street entrance and additional 4th Street access.; Prime location on Business 55, a major thoroughfare connecting I-55/I-72 to downtown Springfield.
    Request Owner's contact information
    2719 6Th St Springfield, IL 62703
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    Springfield, IL 62703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2719 6Th St Springfield, IL 62703
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