Technical
Financial
Distress signals
Property profile

4349 Conestoga Dr Springfield, IL 62711

OFF-MARKET
Retail properties & Spaces
12,185 SF 1.3 ac lot Built 2007
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Property summary

AI-generated overview

This exceptional 3,850 sq ft end-cap office space in Springfield, IL's Prairie Crossing development offers unparalleled visibility. Situated on Conestoga Drive with high signage exposure to Veterans Parkway, it benefits from one of the city's highest traffic counts, further enhanced by electronic signage. The 2007-built, single-tenant space is part of a larger 12,185 sq ft building on a 1.3-acre lot in Sangamon County. Its strategic location in the southwest quadrant of I-72 and Veterans Parkway places it within a thriving retail area, alongside major retailers like Meijer, Menards, Target, and Walmart (less than a mile north). The property includes a convenient drive-thru area on the west side, ideal for various business models. The building consists of two structures, offering ample space and potential for expansion. This is a remarkable opportunity to establish or expand your business in a high-traffic, high-visibility location within a well-established retail district. A total of 3,850 square feet is currently vacant, presenting a unique chance to customize the space to your specific needs. The property's location near restaurants, hotels, and automobile dealerships further enhances its appeal and accessibility.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2007
Total area 12,185 SF
Lot 1.3 ac (56,628 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
  • (Bike/Boat/Book/etc) Store

Location

4349 Conestoga Dr Springfield, IL 62711
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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