Springfield, IL Retail Properties & Spaces for Lease
Springfield, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 44 Retail properties & Spaces for lease in Springfield, IL on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 88,553 square feet of properties — an average of ~2,000 SF per listing.
Asking lease rates for Retail properties & Spaces in Springfield start at $12 SF/Yr, average $17.67 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 $17.67 SF/Yr is 18% below the Illinois state average of $21.54 SF/Yr.
Springfield accounts for 83% of the 53 retail properties & spaces currently available across Sangamon County, where nearby markets include Arlington Heights and Westchester. By space type, the market includes 13 storefront properties and 11 shopping centers.
