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3050 Adlai Stevenson Dr Springfield, IL 62703

Sponsored
For Lease
$14 SF/Yr ($7,281 /Mo)

Well-equipped, 6,241 sq ft restaurant building

Lot size:
6,241 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This 6,241 square foot, single-tenant restaurant building is available for lease. Located at 3050 Adlai Stevenson Dr, Springfield, IL 62703, this former Bob Evans restaurant boasts a prime location near the signalized intersection of S. Dirksen Pkwy and Stevenson Dr, with excellent visibility from Interstate 55/72. Built in 1992 and renovated in 2015, the property features a large kitchen with extensive commercial equipment including a 23.5' heat capture hood ventilation system, a 12' grease hood ventilation system, a walk-in cooler, and a walk-in freezer. The dining area, also remodeled in 2015, includes two ADA-compliant restrooms. Additional kitchen features include a three-compartment sink, vegetable prep sink, two handwashing sinks, a dishwashing tank, and a 100-gallon water heater. The 1.27-acre lot provides ample parking with 81 spaces. The property is zoned B-1, Highway Business District, and has a tax cost per square foot of $5.65. Its proximity to Interstate 55/72, Lake Springfield, and numerous amenities, including hotels, restaurants, and major employers like the Illinois Department of Transportation and the Illinois Secretary of State, makes this an exceptional opportunity. The high traffic counts on Stevenson Dr (16,600 AADT) and S. Dirksen Pkwy (12,000 AADT), along with the visibility from Interstate 55/72 (52,300 AADT), ensure high visibility and potential customer traffic. The area is experiencing growth with new developments underway, including a QuikTrip and a Home2 Suites by Hilton hotel. This location offers a strong foundation for a thriving restaurant business.

Property Features for 3050 Adlai Stevenson Dr

General Information

Property type
Restaurants
Lease Type
Gross Lease
RSF (Rentable sq. ft)
6,241 SF
Total Rate
7281.17

Building Details

Year Built/Renovated
1992/2015
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
6,241 SF
Rate per SF
$14

HighLights

  • Turnkey second‑generation restaurant space with existing FF&E.
  • High‑visibility location at a signalized intersection.
  • Excellent access to I- [Interstate Number] and Lake Springfield.
  • Situated on a major retail thoroughfare.
  • Includes all existing furniture, fixtures, and equipment.
  • Strong surrounding development activity.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.609642331002
Latitude
39.758180417086

FAQs

What type of property is this?
Restaurant - Well-equipped, 6,241 sq ft restaurant building
Where is this restaurant located?
The property is located at 3050 Adlai Stevenson Dr Springfield, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Turnkey second-generation restaurant space with existing FF&E.; High-visibility location at a signalized intersection.; Excellent access to I- [Interstate Number] and Lake Springfield.
More about this property
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