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For Sale

Capital City

3101 - 3173 South Dirksen Parkway,
Springfield, IL 62703

Asset Snapshot

1964
Year Built
2019
Year Renovated
93%
Occupancy

Offering Summary

Investment Overview

Capital City Shopping Center consisting of over 56,193 SF Situated on 14 Acres Irreplaceable location with frontage to I-72 | 54,000+ vehicles per day Five Below recently signed a 10 year lease | New 2025 lease signed with Sports Training facility for the 3,500 SF suite Massive upside in backfilling the Former Big Lots box with 31,751 SF New 15-year Valvoline ground lease signed in front of the center Valvoline Ground Lease also for sale through Encore – Inquire with brokers Surrounding retailers include: McDonalds, Panera Bread, Starbucks, McAlister's Deli, Steak N' Shake, Long John Silvers, Dollar Tree, & more $20 Million dollar Amazon warehouse and distribution center opened in 2025 on North Dirksen Parkway | 100+ Jobs created 6 miles from Springfield Memorial Hospital | 500 Acute Care Beds Dollar Tree Ranks #1 in the Local Area in Annual Visits


Investment Highlights

  • Capital City Shopping Center consisting of over 56,193 SF Situated on 14 Acres
  • Irreplaceable location with frontage to I-72 | 54,000+ vehicles per day
  • Five Below recently signed a 10 year lease | New 2025 lease signed with Sports
  • Training facility for the 3,500 SF suite
  • Massive upside in backfilling the Former Big Lots box with 31,751 SF
  • New 15-year Valvoline ground lease signed in front of the center
  • Valvoline Ground Lease also for sale through Encore – Inquire with brokers
  • Surrounding retailers include: McDonalds, Panera Bread, Starbucks, McAlister's Deli,
  • Steak N' Shake, Long John Silvers, Dollar Tree, & more
  • $20 Million dollar Amazon warehouse and distribution center opened in 2025 on North
  • Dirksen Parkway | 100+ Jobs created
  • 6 miles from Springfield Memorial Hospital | 500 Acute Care Beds
  • Dollar Tree Ranks #1 in the Local Area in Annual Visits

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Listing Syndicated From

Buildout
For Sale
$3,200,000
Asking Price