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    Grandview, IL Southern View, IL Sherman, IL Riverton, IL Rochester, IL Chatham, IL Cantrall, IL Decatur, IL
    Five-Tenant NNN Retail Center
    Updated: Apr 12
    Five-Tenant NNN Retail Center

    4525 Wabash Ave, Springfield, IL 62711

    Contact for pricing
    1.23 AC lot
    5‑tenant retail center in Springfield, IL with 100% occupancy
    Built in 2003 on 1.23 acres, maintained in excellent condition per listing remarks
    All five tenants signed NNN, long‑term leases with minimal landlord responsibility
    Leases run through at least 2023 with scheduled annual rental increases
    Tenants include Bella Milano, Rabo Finance, Springfield Clinic Optometry, Envy Hair Salon, and Springfield Clinic Urgent Care West
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Tenant Retail Center and Restaurant
    Two-Tenant Retail Center and Restaurant

    18 Corvette Dr, Litchfield, IL 62056

    Contact for pricing
    11,225 sqft

    Midtowne Plaza offers a leased two-tenant retail center and a separate NNN restaurant building along I-55.

    View details
    Taco Bell NNN Investment
    Taco Bell NNN Investment

    1201 W Weir St, Litchfield, IL

    Contact for pricing
    2,671 sqft 0.57 AC lot

    NNN leased Taco Bell in Litchfield, IL for sale.

    View details
    Brinks Absolute Net Industrial Portfolio
    Brinks Absolute Net Industrial Portfolio

    6200 W Plank Rd, Peoria, IL 61604

    $2,152,000

    Two absolute net lease facilities occupied by Brinks, with new five-year extensions at both locations.

    View details
    All-Brick Two-Story Riverfront Building
    All-Brick Two-Story Riverfront Building

    330 SW Water Street, Peoria, IL 61601

    Contact for pricing
    0.09 AC lot

    Two-story all-brick building with extensive outdoor decking overlooking the water and a nearby public boat dock.

    View details

    Springfield, IL Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Springfield, IL on our real estate platform.

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    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62702 $2M

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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