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3121-3173 S Dirksen Pky
Springfield, IL 62703
Capital City · Retail Property For Sale
Investment Highlights
- Capital City Shopping Center consisting of over 56,193 SF Situated on 14 Acres
- Five Below recently signed a 10 year lease | New 2025 lease signed with Sports Training facility for the 3,500 SF suite
- New 15-year Valvoline ground lease signed in front of the center
- Irreplaceable location with frontage to I-72 | 54,000+ vehicles per day
- Massive upside in backfilling the Former Big Lots box with 31,751 SF
- Valvoline Ground Lease also for sale through Encore – Inquire with brokers
Executive Summary
Capital City Shopping Center consisting of over 56,193 SF Situated on 14 Acres
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
56,193 SF
Building Class
C
Year Built/Renovated
1964/1987
Price
$3,200,000
Price Per SF
$56.95
Cap Rate
6%
NOI
$192,082
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
27.35 AC
Zoning
Commercial
Parking
652 Spaces (11.7 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 22-12.0-301-039 | Improvements Assessment | $399,839 |
| Land Assessment | $700,845 | Total Assessment | $1,100,684 |
Property Taxes
Parcel Number
22-12.0-301-039
Land Assessment
$700,845
Improvements Assessment
$399,839
Total Assessment
$1,100,684
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