Premium Office/Retail Space
For Lease
Contact for pricing
15 S Old State Capitol Plaza, Springfield, IL 62701
Class A office and retail spaces overlooking historic landmarks.
Space Size14,688 SF
Days on Market906
Property Features for 15 S Old State Capitol Plaza
General Information
Standard status
Active
Size
14,688 SF
Class
A
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
14,688 SF
Tenancy
Single
Spaces For Lease
at 15 S Old State Capitol Plaza Contact us- Size
- 14,688 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Entire Building
Listing Agency:
Todd P Smith Real Estate Inc
(217) 553-5439
Listed By:
Todd Smith · License #IL 471004523
Source:
Crexi
Added: Mar 1, 2024
Changed: Aug 22
Last Checked: Aug 23 at 9:13PM
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 Inc
Investment Insights
Based on property information with market context.
Class "A" office or retail space is available on Old Capitol Plaza, offering views of the Historic Old State Capital and Abe Lincoln historic sites. The interior features quality carpet with a marble inlay foyer. Space 1 is equipped with quality finishes and multiple private offices. Space 2 is designed to accommodate a small office group. Space 3 is designed for an open office space with a movable divider wall. Space 4 offers many usage options, including retail and restaurant. The 2nd Floor features perimeter offices with beautiful windows and lots of open workspace, with easy access via the elevator. The location is advantageous, with the front door situated just a few steps down the pedestrian mall from the access to the underground parking ramp. On-street parking is available on 5th St.
Key Highlights
- Premier location on Old Capitol Plaza with views of Historic Old State Capital and Abe Lincoln historic sites.
- Class "A" office or retail space suitable for diverse business types (office, retail, restaurant).
- Multiple space configurations available with private offices, open space, and movable divider wall.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,681
Businesses Nearby
Explore this area
Business Placement
Demographics for 62701, IL
1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
Market
Lease Benchmarks for Springfield, IL
$40.65 /SF/Yr
Avg Asking Price
$6.5–$150 /SF/Yr
Price Range
2,527 SF
Avg Space Size
This space is priced 79% below the average of $40.65 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Class A office and retail spaces overlooking historic landmarks.
Where is this office units located?
The property is located at 15 S Old State Capitol Plaza Springfield, IL.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: Premier location on Old Capitol Plaza with views of Historic Old State Capital and Abe Lincoln historic sites.; Class "A" office or retail space suitable for diverse business types (office, retail, restaurant).; Multiple space configurations available with private offices, open space, and movable divider wall.
