2301-2585 S MacArthur Blvd - Retail FOR SALE
Springfield, IL 62704 |
2301-2585 S MacArthur Blvd
Springfield, IL 62704
HIGHLIGHTS
- Built in 1961 and seeking redevelopment, Town & Country Center is on 18.9 acres and consists of 259,592 square feet of retail space.
- Great visibility with 1,300 feet of frontage on SWC of MacArthur Boulevard and Outer Park Drive and four points of ingress/ egress.
- Offering currently comprises two in-line multi-tenant buildings and four outlot buildings fronting MacArthur Boulevard.
- With 1,056 parking spaces, the center features a generous parking ratio of 4.1 spaces per 1,000 square feet.
- Town & Country Center has been replatted and rezoned to allow for mixed-use redevelopment.
- Current zoning permits the development of self-storage and 40 multifamily units to complement the existing retail spaces.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Town & Country Center Redevelopment Opp.
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
234339
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
1056
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
22-05.0-478-010,22-05.0-478-011,22-05.0-478-012,22-05.0-478-013,22-05.0-478-014
