Coldwell Banker Commercial Devonshire Realty (CBCDR) is pleased to present this freestanding former Subway restaurant with a drive-thru available for lease on a hard corner, signalized lot in Springfield, IL. Inside – the property features seating for 32 customers, a service counter, and a kitchen area including a 3-compartment sink, mop sink, handwashing sink, two 5 ½ x 5 ½ walk-in coolers, and a 52-gallon water heater. Additional amenities include two restrooms and a small office. Outside – the property features a large pylon sign, patio area for additional seating, and 33 parking spaces. Strategically positioned at the signalized intersection of South Grand Avenue and South 5th Street, the site offers excellent visibility and access, with three curb cuts (two on South Grand Avenue and one on South 5th Street) and a combined traffic count of approximately 22,400 AADT. The property is surrounded by strong national and local operators, including a McDonald’s (reporting $2.7M in 2024 sales per Placer.ai) directly across the street and a Shell gas station to the south, which ranked 4th out of 9 stores in its market with 157,300 visitors in 2024 (per Placer.ai). Nearby demand drivers include: Springfield Clinic Main Campus (major regional medical center), multiple funeral homes (Bisch & Son, Staab, and Butler), several state office buildings (Department of Human Services, Healthcare and Family Services), and numerous small businesses that anchor the area’s commercial activity. Additionally, the property benefits from its close proximity to Downtown Springfield, a walkable hub for government, healthcare, culture, and historic landmarks. The property’s flexible layout and prime location make it ideal for a variety of uses, including: Fast-casual dining concepts (sub sandwich shop, coffee shop, bakery, pizza), and light retail (mobile phone store, convenience mart, or similar use).
