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SCHNUCKS GROCERY ANCHORED CENTER

$16,090,000 | 7.50%

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1861 East Sangamon Avenue
Springfield, Illinois 62702

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Features

  • 100% Occupied, 139,757 Square Foot, Community Center Anchored by Schnucks Supermarket
  • Home to the Only Traditional Grocer in North Springfield | Schnucks
  • Planet Fitness Just Signed a New 10-Year Lease with Scheduled Rent Bumps
  • Long Occupancy History Dating Back to 1984 | 65% of the Occupied Square Footage has been Continuously Under Lease for More than 25 Years
  • Little to No Deferred Maintenance | Many Recent Capital Improvements Completed
  • 2.7 Miles from the Springfield Amtrak Station | Annual Ridership of 476,180 in 2022 | 82.3% Increase in Ridership from 2021
  • Large Population Surrounding Subject Property Including a Large Workforce
  • Two Miles from the Interstate 55 Interchange | 48,250 Vehicles per Day

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com

* Broker of Record: Steven Weinstock

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