This Retail Property is no longer advertised on LoopNet.com.

2881 S Veterans Pky
Springfield, IL 62704
Red Robin (Dark) · Retail Property For Sale

Investment Highlights

  • Dominant Location in Springfield, Illinois - #1 Retail Trade Area in 208,000 Person Market
  • Ideal Re-Tenant/Redevelopment Opportunity with 44 Months of Guaranteed Income from Red Robin
  • Ideal Site – 1 Acre Site with 5,800 SF Existing Restaurant Building Facing S Veterans Parkway
  • Corporate Credit – Red Robin International (NASDAQ: RRGB) Pays Rent Through August 2029
  • Lease Buyout Opportunity Exists - $443,768 in Guaranteed Future Rental
  • Dense Detail Backup - Located in Front of Kohl’s, TJ Maxx, Ulta, Sierra, and Petco

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,735 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.00 AC
Parking
62 Spaces (10.81 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
21-12.0-227-007
Land Assessment
$345,883
Improvements Assessment
$188,714
Total Assessment
$534,597
  • Listing ID: 38530724

  • Date on Market: 11/21/2025

  • Last Updated:

  • Address: 2881 S Veterans Pky, Springfield, IL 62704

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