217-547-6650
1000-1004 Jason Pl, Chatham, IL for Rent

$14.50 USD /SF/yr

Retail - For Rent
1/3
960-1,680 SF | 2 Spaces

1000-1004 Jason Pl
Chatham, IL 62629


HIGHLIGHTS

  • New Construction
  • County Market Shadow Center
  • 17,400 AADT along IL-4/N. Main St
  • Landlord would provide Vanilla Shell
  • High Income Area
  • High Residential & Retail Density

OVERVIEW

Coldwell Banker Commercial Devonshire Realty (CBCDR) is excited to introduce a lease-up opportunity for this brand-new County Market shadow center in the high-income community of Chatham, IL. The newly constructed center will feature a freshly made Asian cuisine restaurant and two retail units for lease – one 960 SqFt end-cap unit and one 1,680 SF in-line unit. The Landlord would provide the units as a vanilla shell (concrete floor, unpainted drywall, finished ceiling and restroom, basic lighting, HVAC/ductwork, and electrical). The center has both frontage on and visibility from IL-4/Main St with traffic counts of 17,400 AADT. Imagine being part of a vibrant community, surrounded by household names like Walgreens, AT&T, Domino’s, and more – each drawing customers and adding to the buzz. Chatham is a village in Sangamon County that is within 3 miles of Springfield (Capitol of Illinois). It is approximately 202 miles southwest of Chicago and 92 miles northeast of St Louis. The immediate trade area has a high retail density that drives a lot of traffic. A County Market-anchored shopping center, two large medical facilities, three well-known and longstanding community banks, and multiple retail, restaurant, and service establishments are all near the center. Chatham is a highly educated community with a 97.1% high school graduation rate, and 41.3% of its residents go on to receive a Bachelor’s degree. Also, Chatham is a very business-friendly environment. The Village of Chatham reported a 2.2% 2023 unemployment rate, whereas Springfield reported a 4% unemployment rate. Further, the minimum combined sales tax rate is 7.25% in Chatham, whereas Springfield is 9.75%. The Chatham population and number of households are projected to grow 2.7% within a 1-mile radius of the center over a 5-year period. Overall, the median home value was $277,383 within a 1-mile radius of the center in 2023.

RENTAL DETAILS

SPACE AVAILABLE

960-1,680 SF

# OF SPACES

2

RENT RATE (MO)

$1.21 USD /SF/mo

RENT RATE (YR)

$14.50 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

5-10 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

2,640 SF

YEAR BUILT

2024

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.83999 AC

LAND SF

36,590 SF

ZONING

B-1

ASK ABOUT THIS PROPERTY

Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.