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Freestanding Retail Opportunity w/ Drive Thru 601-621 S Grand Ave E 13,225 SF of Retail Space Available in Springfield, IL 62703
Sublease Highlights
- High Visibility & Pylon Signage
- Hard Corner Lot
- Existing Drive-Thru Infrastructure
- Ample Parking
- Signalized Intersection
- Flexible Floor Plan
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 13,225 SF | 12’ | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $132,250 /YR $11,021 /MO | Modified Gross |
1st Floor
Positioned on a highly visible hard corner at the signalized intersection of South Grand Avenue and S. 6th St, this 13,225 SF freestanding retail property offers an exceptional opportunity for retailers, medical users, fitness operators, discount concepts, and specialty service providers. Formerly occupied by CVS Pharmacy and Springfield Clinic, the property benefits from strong brand recognition, excellent accessibility, and exposure to approximately 20,800 vehicles per day. The building features an open-span sales floor with 12’ ceilings, multiple rooms, customer service areas, a break room, stockroom, and a dedicated receiving/loading area. Additional amenities include a covered drive-thru lane with service window, ample on-site parking, prominent pylon signage, and multiple curb cuts for convenient ingress and egress.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Security System
- High Ceilings
- Drop Ceilings
- Exposed Ceiling
- Secure Storage
- Recessed Lighting
- Emergency Lighting
- Finished Ceilings: 12’
- DDA Compliant
- Demised WC facilities
- Drive Thru
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 13,225 SF | Gross Leasable Area | 13,225 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Drug Store | Parking Ratio | 6.2/1,000 SF |
| Total Space Available | 13,225 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 13,225 SF |
| Year Built | 2008 |
| Parking Ratio | 6.2/1,000 SF |
About the Property
Positioned on a highly visible hard corner at the signalized intersection of South Grand Avenue and S. 6th St, this 13,225 SF freestanding retail property offers an exceptional opportunity for retailers, medical users, fitness operators, discount concepts, and specialty service providers. Formerly occupied by CVS Pharmacy and Springfield Clinic, the property benefits from strong brand recognition, excellent accessibility, and exposure to approximately 20,800 vehicles per day. The building features an open-span sales floor with 12’ ceilings, multiple rooms, customer service areas, a break room, stockroom, and a dedicated receiving/loading area. Additional amenities include a covered drive-thru lane with service window, ample on-site parking, prominent pylon signage, and multiple curb cuts for convenient ingress and egress. Surrounded by a dense residential population and a strong mix of national and local businesses, the property is strategically located within one of Springfield’s established commercial corridors. Nearby retailers and demand drivers include a high-performing McDonald’s directly across the street, a busy Shell gas station, Springfield Clinic’s Main Campus, multiple state government office buildings, and numerous professional service providers and neighborhood businesses that generate consistent daily traffic to the area. With its flexible floor plan, outstanding visibility, signalized access, and established customer base, this property presents a rare opportunity for users seeking a prominent location in the heart of Springfield.
- Controlled Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Security System
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Nearby Major Retailers
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Freestanding Retail Opportunity w/ Drive Thru | 601-621 S Grand Ave E
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