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3001 S Veterans Pkwy

20,526 SF of Retail Space Available in Springfield, IL 62704

Highlights

  • Daily Traffic Count: Veterans Parkway 28,400; Wabash Ave 23,200

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 20,526 SF
  • Negotiable
  • £13.30 /SF/PA £1.11 /SF/MO £143.18 /m²/PA £11.93 /m²/MO £273,030 /PA £22,752 /MO
  • Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rent Service Type
1st Floor 20,526 SF Negotiable £13.30 /SF/PA £1.11 /SF/MO £143.18 /m²/PA £11.93 /m²/MO £273,030 /PA £22,752 /MO Triple Net

1st Floor

Size
20,526 SF
Term
Negotiable
Rent
£13.30 /SF/PA £1.11 /SF/MO £143.18 /m²/PA £11.93 /m²/MO £273,030 /PA £22,752 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT 3001 S Veterans Pkwy, Springfield, IL 62704

  • Tenant
  • Description
  • US Locations
  • Reach
  • Harvest Market
  • Supermarket
  • 15
  • Regional
Tenant Description US Locations Reach
Harvest Market Supermarket 15 Regional

PROPERTY FACTS FOR 3001 S Veterans Pkwy , Springfield, IL 62704

Property Type Retail
Gross Internal Area 62,981 SF
Total Land Area 1.50 AC
Year Built 1986
Parking Ratio 4.14/1,000 SF

About the Property

Coveted space adjacent to the newly constructed upscale Harvest Market Supermarket, located in the bustling Springfield White Oaks Plaza and across the street from the Springfield White Oaks Mall. Surrounded by over 50 area retailers including Kohl's, TJ Maxx, Big Lots, Ross Dress for Less, Gordman's, Target, and many, many, more, this space sits in the midst of the busiest shopping area in Springfield, Illinois - a destination shopping site for customers over a 100 miles away. White Oaks Plaza is located at the intersection of two highly trafficked Springfield roads, Veterans Parkway and Wabash Ave. This site enjoys convenient access to both streets via several curb cuts.

Nearby Major Retailers

Outback Steakhouse
Beef O' Brady's
Olive Garden
Noodles & Company
Longhorn Steakhouse
MOD Pizza
Mission BBQ
Amazon Go
Orangetheory Fitness
Chili's Grill & Bar
  • Listing ID: 22166117

  • Date on Market: 04/02/2021

  • Last Updated:

  • Address: 3001 S Veterans Pkwy, Springfield, IL 62704

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