Property profile

3003 Veterans Pkwy Springfield, IL 62704

OFF-MARKET
Retail properties & Spaces
54,878 SF
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Property summary

AI-generated overview

White Oaks Plaza, located at 3003 S Veterans Pkwy, Springfield, IL 62704, offers exceptional retail space for lease. This prime location boasts a total of 54,878 square feet in a multi-tenant building, situated on a 1.67-acre lot. The property is conveniently located across from White Oaks Mall, ensuring high foot traffic and excellent visibility. Currently, there are 19,170 square feet of vacant space available, offering flexibility for businesses of various sizes. Units are divisible down to 1,528 square feet, with a maximum contiguous space of 9,000 square feet. This makes White Oaks Plaza ideal for a range of retail concepts, from small boutiques to larger establishments. The property's strategic location and ample available space present a unique opportunity for businesses seeking a prominent presence in a thriving Springfield, Illinois market. The property is classified as a small shop and pad site, offering excellent potential for both established and emerging businesses. Interested parties are encouraged to inquire about lease terms and availability. This property offers a strong opportunity for businesses seeking high visibility and convenient access to a large consumer base.

Property profile

Verified
Property type Retail properties & Spaces
Total area 54,878 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

3003 Veterans Pkwy Springfield, IL 62704
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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