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2400 W Wabash Ave
Springfield, IL 62704

$3,225,000 USD

Freestanding For Sale  •  10,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 10,000 SF
• Lot Size 0.73 AC
• Building Class B
• Year Built 2000
• Cap Rate 7.05 %
• Tenancy Multiple
• Zoning C

35 Transit Score

74 Walk Score

Highlights

AT&T boasts 15+ years of historical occupancy at the site and is ranked in the 94th percentile by visitation.

Long-term, best-in-class operator who invested north of $250,000 into their space.

Unused 1,200 SF commercial garage in the rear of the building that can be rented to increase cash flow or utilized by ownership.

A population of over 108,000 within a 5-mile radius.

Maintaining strong performance with occupancy levels exceeding 95%.

The property is located in Springfield, IL, the state’s political and economic center.

Cap Rate:

7.05 %

Major Tenants

Tenant	SF Occupied	Lease End Date
AT&T (Corporate)	6,000 SF	9/30/2028
Bellagio Nail Lounge	2,800 SF	10/31/2026
Commercial Garage	1,200 SF

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	5.5 mi
Airport	Drive	Walk	Distance
Abraham Lincoln Capital	12 min	-	7.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	37
Type:	Surface
Included in Rent:	Yes