The Villas Downtown Springfield

251 S 4th St, Springfield, IL 62701

Property Details

Rental Rate:$12 /SF/Year
Property Type:Retail
Property Sub-type:Retail (Other)
Building Size:95,000 SF
Year Built:2016
Lot Size:38,612 SF
Cross Streets:Madison & 4th
Zoning Description:S-3 City of Springfield
Space Comm 2
Space Available:1,560 SF
Rental Rate:$12 /SF/Year
Space Type:Retail (Other)
Additional Space Types:Street Retail
Office Building
Lease Type:NNN
Date Available:Aug 2017
Lease Term:36 Months
Approx. 26' frontage and 60' depth in this new building. First floor retail/office space with drive-thru possibility. Space is raw, with dirt floor. Owner will provide in white-box condition.
Location Description

Strategically located between the Historic Downtown Square and the Central Illinois Medical District, this location gets pedestrian and vehicular traffic. Near historic sites, museums, nightlife, restaurants, farmer's market, and medical employers including the Southern Illinois School of Medicine, Memorial Hospital, and HSHS St John's Hospital.

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Todd Smith

Managing Broker
28 years experience in commercial real estate brokerage, property management, and development.
Retail, Office, Flex, Medical projects

Current Occupation:Owner, investor, managing broker
Work Experience:28 years in commercial real estate development, brokerage and management.
Earned CPM designation through the Institute of Real Estate Management
Education:Bradley University '89 Graduate
CPM Designation (Certified Property Manager)

Todd Smith
(217) 441-8000
License: 471-004523

Todd P Smith Commercial R. E.
3000 Professional Dr
Springfield, IL 62703

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Property Description

The Villas in Downtown Springfield is the newest high-rise residential development in the city. The project offers on-site parking and metered street parking. Contemporary design.