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2696 S Dirksen Pky
Springfield, IL 62703
Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,543 SF
Building Class
B
Year Built/Renovated
1977/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.75 AC
Frontage
192’ on S Dirksen Pky

AMENITIES

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage

ABOUT 2696 S DIRKSEN PKY , SPRINGFIELD, IL 62703

This Red Lobster property is located at 2696 South Dirksen Parkway in Springfield, Illinois. Springfield is the capital of Illinois and is the sixth most populated city in the state. The property is located on South Dirksen Parkway, with an average daily traffic counts of 20,700 vehicles. Interstate 55 brings an additional 44,400 vehicles per day to the immediate area. This Red Lobster is three miles from the University of Illinois Springfield which has over 5,400 students enrolled. There are approximately 40,136 people within a three-mile radius of this property and more than 106,154 within a five-mile radius. The median household income in the immediate area has increased by 21 percent since 2000 and is projected to increase by 15 percent over the next five years. The subject property is well-positioned in a strong retail corridor benefitting from its proximity to Capital City Shopping Center. Tenants in Capital City Shopping center include Dollar General, Big Lots, McDonald’s, Panera Bread, Long John Silver’s, and AMC Showplace. Due to its proximity to the University of Illinois Springfield, there are several hotels in the immediate area including Comfort Suites, Residence Inn, Microtel Inn & Suites, Crowne Plaza, Hilton Garden Inn, Hampton Inn, and Candlewood Suites. Restaurants in the area include Applebee’s, IHOP, Outback Steakhouse, Hooters, Smokey Bones Bar & Fire Grill, and Denny’s. Springfield offers a variety of attractions and sites centered around President Lincoln, such as the Abraham Lincoln Presidential Museum and Library, Lincoln Home National Historic Site, Lincoln Tomb, and the Lincoln Depot. Other attractions include Knight’s Action Park and Caribbean Water Park, Henson Robinson Zoo, Old State Capitol, Route 66 Twin Drive-In, and Washington Park Botanical Garden. There are eight theatres that feature Broadway shows, concerts and ballet performances, as well as four wineries in Springfield. Major annual events include Old Capitol Art Fair, Midwest Charity Horse Show, Vietnam Veterans 24-Hour Vigil, Soho Music Festival, International Carillon Festival, and Springfield Oyster and Beer Festival.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-12.0-127-064
Land Assessment
$241,522
Improvements Assessment
$164,991
Total Assessment
$406,513
  • Listing ID: 6177433

  • Date on Market: 3/8/2017

  • Last Updated:

  • Address: 2696 S Dirksen Pky, Springfield, IL 62703

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