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The Yard 1650 Wabash Ave 3,750 - 19,772 SF of Retail Space Available in Springfield, IL 62704
HIGHLIGHTS
- Large Retail Space
- Ample Parking
- Vibrant Surrounding Activity
- Affordable Lease Rate
- Traffic Count: 25,100 AADT
- High Retail & Residential Density
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste D | 7,022 SF | 9’ - 11’ | 3 Years | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $78,417 CAD/YR $6,535 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste F | 9,000 SF | - | 3 Years | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $100,506 CAD/YR $8,376 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste G | 3,750 SF | 9’9” - 10’4” | 3-5 Years | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $41,878 CAD/YR $3,490 CAD/MO | Triple Net (NNN) |
1600 Wabash Ave - 1st Floor - Ste D
Suite D (7,022) was remodeled in 2023 including updates to electrical, flooring, HVAC, plumbing, and paint. It is set up as office space with several private offices, a conference room, an open floor area, a data processing room, 2 restrooms, and a storage area with a workbench and cages.
- 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
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Fully Carpeted
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Finished Ceilings: 9’ - 11’
- DDA Compliant
- Wheelchair Accessible
- Remodeled in 2023
- Several Private Offices + A Conference Room
- Open Floor Area
- 2 ADA-Compliant Restrooms
- Plenty of Storage
1600 Wabash Ave - 1st Floor - Ste F
Suite F (9,000 SF) has a large open area, 2 large work rooms, 2 restrooms, a shower, and plenty of storage.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Exposed Ceiling
- Secure Storage
- After Hours HVAC Available
- Shower Facilities
- Ventilation - Venting
1600 Wabash Ave - 1st Floor - Ste G
In-line space that was previously a comic book and novelty store. It was recently painted and cleaned out, and it features an open floor plan in the front with several rooms for offices or storage in the back and 2 restrooms.
- 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 In Need of Renovation
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Fully Carpeted
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Finished Ceilings: 9’9” - 10’4”
- Private Restrooms
- Recently Painted and Cleaned Out
- Open Floor Plan in Front
- Several Rooms for Office, Privacy, Storage in Rear
- 2 Restrooms
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 broker 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 THE YARD
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Amazing Xscapes
- Arts, Entertainment, and Recreation
- -
- -
- Betty's
- Arts, Entertainment, and Recreation
- -
- -
- Capital Bazaar Indian Grocery & Halal Meat Store
- Accommodation and Food Services
- -
- -
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- Saloncentric
- Health & Beauty Aids
- 860
- International
- Springfield's Best Deals
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Amazing Xscapes | Arts, Entertainment, and Recreation | - | - |
| Betty's | Arts, Entertainment, and Recreation | - | - |
| Capital Bazaar Indian Grocery & Halal Meat Store | Accommodation and Food Services | - | - |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| Saloncentric | Health & Beauty Aids | 860 | International |
| Springfield's Best Deals | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 19,772 SF | Frontage | 410’ on Wabash Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 49,760 SF |
| Parking | 169 Spaces | Total Land Area | 6.34 AC |
| Stores | 10 | Year Built | 1976 |
| Center Properties | 1 |
| Total Space Available | 19,772 SF |
| Center Type | Neighborhood Center |
| Parking | 169 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Frontage | 410’ on Wabash Ave |
| Gross Leasable Area | 49,760 SF |
| Total Land Area | 6.34 AC |
| Year Built | 1976 |
ABOUT THE PROPERTY
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for lease at The Yard Shopping Center in Springfield, IL. Currently, there are three (3) available storefronts in the high-traffic and highly visible Yard Shopping Center. Suite D: 7,022 SF in-line space with a 2023 remodel that included updates to electrical, flooring, HVAC, plumbing, and paint. It is set up as office space with several private offices, a conference room, an open floor area, a data processing room, 2 restrooms, and a storage area with a workbench and cages. Suite F: 9,000 SF in-line space currently used as a furniture store. It has a large open area, 2 large works rooms, a private office, 2 restrooms, a shower, and plenty of storage. Suite G: 3,750 SF in-line space that was previously a comic book and novelty store. It features an open floor plan in the front with several rooms for offices or storage in the back and 2 restrooms. Suite F & G could be combined to form 12,750 SF. The Yard is a large shopping center with frontage along the popular and highly desirable Wabash Ave near White Oaks Mall. It has traffic counts of 25,100 AADT. The site has great retail density and plenty of rooftops to absorb all the activity. Nearby attractions include several big box retailers (Schnuck’s, Ashley Furniture, Ace Hardware, Jeffrey Alans), QSRs (McDonald’s, Dairy Queen, Subway, Hardee’s, Steak ‘n Shake, Sonic), and various shopping (Goodwill and Planet Fitness). Springfield is the Capital of Illinois. It is located in central Illinois and is accessed by Interstate 55 and Interstate 72. It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis. The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Air Conditioning
NEARBY MAJOR RETAILERS
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The Yard | 1650 Wabash Ave
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