Springfield, IL Restaurants for Lease
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Restaurants for Lease in Nearby Cities
Similar Spaces for Sale in Springfield, IL
Springfield, IL Restaurants Lease Rates & Market Statistics
Explore 10 Restaurants for lease in Springfield, IL on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 14,181 square feet of properties — an average of ~1,400 SF per listing.
Asking lease rates for Restaurants in Springfield start at $16 SF/Yr, average $21.50 SF/Yr, and reach $27 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $21.50 SF/Yr is 28% below the Illinois state average of $29.87 SF/Yr.
Springfield accounts for 77% of the 13 restaurants currently available across Sangamon County, where nearby markets include Chatham and Westchester. By space type, the market includes 7 conventional restaurants and 3 drive through restaurants.