513-702-4038
2301-2585 S MacArthur Blvd, Springfield, IL for Sale
Retail - FOR SALE
1/21
null | Request Cap Rate

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 consists of two in-line multi-tenant buildings. Additionally, there are 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 development of self-storage and 40 multifamily units to compliment the existing retail spaces.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town & Country Center Redevelopment Opp.

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

1056

LAND DETAILS

LAND ACRES

18.9 AC

LAND SF

823,284 SF

ZONING

S-2

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

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513-702-4038

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513-702-4038

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