Retail Space / Illinois / Springfield / 62702 / 510 Bruns Lane

510 Bruns Lane

Q: What is the asking price for 510 Bruns Lane in Springfield?

The asking price for 510 Bruns Lane is $425,000

Q: What is the building size of this Retail property in Springfield, IL?

The size of the building/unit at 510 Bruns Lane in Springfield is 9,700 square feet.

Q: How much land does the Springfield, IL property at 510 Bruns Lane include?

510 Bruns Lane in Springfield includes 1.000 acres of land.

Q: What kind of Retail is the propery at 510 Bruns Lane?

The property at 510 Bruns Lane Springfield, IL 62702 is listed as a Free Standing Building Retail property.

Q: What is the population within 1 mile of 510 Bruns Lane?

The population within 1 mile of 510 Bruns Lane Springfield, IL 62702 is 9,010 people.

Q: Who do I contact for questions about 510 Bruns Lane?

You should contact the listing agent, Sam Nichols, for any details regarding this commercial listing.

Springfield, IL 62702

Listing ID: 274055

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510 Bruns Lane Springfield, IL 62702 | for Sale | Photo 1

Building Size: 9,700 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $43.81

Land $/SF: $9.76

Price

$425,000

Property Highlights

10 Cap Rate

Tenant True Value Hardware

Lease Expiration December 31, 2025

Options to Renew 2-5 Year Options

Current Rent $3,500 per month

Type Lease Triple Net

Building Sizes Retail Store 9,700 SF Maintenance Building 2,000 SF

HVAC for Retail Store was replaced September 2018

2019 Real Estate Taxes $11,855.76

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Springfield History of Retail Space for Sale

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Listing Demographics for 510 Bruns Lane Springfield, IL 62702

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		9,010	59,670	111,052
Population Median Age		42	40	40
Population by Age	0-9 Yrs	1038 (11%)	6944 (11%)	13584 (12%)
	10-19 Yrs	872 (9%)	6417 (10%)	12595 (11%)
	20-29 Yrs	1202 (13%)	7904 (13%)	14724 (13%)
	30-39 Yrs	1133 (12%)	8428 (14%)	14604 (13%)
	40-49 Yrs	1076 (11%)	7003 (11%)	12927 (11%)
	50-59 Yrs	1228 (13%)	8614 (14%)	15567 (14%)
	60-69 Yrs	1041 (11%)	7275 (12%)	13992 (12%)
	70+ Yrs	1420 (15%)	7085 (11%)	13059 (11%)

Median HH Income		$48,061	$51,470	$49,682
Total Household Income	< 24K	1178 (26%)	6876 (24%)	13236 (26%)
	25-49K	1097 (25%)	6663 (24%)	12026 (23%)
	50-74K	749 (17%)	4442 (16%)	8721 (17%)
	75-99K	613 (14%)	3565 (12%)	6056 (12%)
	100-199K	614 (14%)	4618 (16%)	8060 (16%)
	200K+	119 (2%)	1522 (5%)	2159 (4%)

Highest Education Level	No Diploma	649	3750	7882
	Diploma or GED	1501	9779	21451
	Some College	1661	9447	17813
	Assoc. Degree	509	3033	5750
	Bachelors Degree	1334	9905	15181
	Higher Degree	868	6578	9953

Total Housing Units		4,898	31,454	56,472
--Owner-Occupied		2,426	16,043	30,132
--Renter-Occupied		1,944	11,644	20,125
Owner-Occupied Values	< 100K	961	5946	13003
	100-199K	1241	6682	11473
	200-299K	164	2215	3706
	300-399K	46	611	1068
	400-499K	2	268	428
	500K+	11	321	454

Total Working Age Population		7,387	48,553	89,351
In Work Force		4,572	30,934	55,270
Not In Work Force		2,815	17,618	34,080
Workforce Employed		4,258	28,772	50,925
Workforce Unemployed		314	2,112	4,242
Civlian Workforce		4,572	30,884	55,167
Military Workforce		0	50	104

Total Households		4,370	27,687	50,257
Family Households		2,085	13,896	26,730
Non-Family Households		2,285	13,792	23,527
Married Couple		1,280	8,833	16,452
Other Family		805	5,063	10,278
Married w/Child		462	2,830	5,021
Single Male w/Child		80	642	1,155
Single Female w/Child		355	2,310	4,871

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Sangamon County	188,951	+5	197,465	+7	210,672	+6	222,367

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 510 Bruns Lane in Springfield?

The asking price for 510 Bruns Lane is $425,000

What is the building size of this Retail property in Springfield, IL?

The size of the building/unit at 510 Bruns Lane in Springfield is 9,700 square feet

How much land does the Springfield, IL property at 510 Bruns Lane include?

510 Bruns Lane in Springfield includes 1.000 acres of land

What kind of Retail is the propery at 510 Bruns Lane?

The property at 510 Bruns Lane Springfield, IL 62702 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 510 Bruns Lane in Springfield?

The population within 1 mile of 510 Bruns Lane Springfield, IL 62702 is 9,010 people.

Who do I contact for questions about 510 Bruns Lane?

You should contact the listing agent, Sam Nichols, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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313 North Grand Avenue East, Springfield, IL	$325,000	9800	0.5
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2428 South MacArthur Boulevard, Springfield, IL	$550,000	13000	0.71
2428 South MacArthur Boulevard, Springfield, IL	$495,000	13000	0.71
1701 South 6th Street, Springfield, IL	$500,000	2508	0.04
1700 Wabash Avenue, Springfield, IL	$1,256,337	4050	0.75
2401 Wabash Avenue, Springfield, IL	$3,801,000	6384	1.08
2901 South Grand Avenue East, Springfield, IL	CALL	3948	0.09
3217 East Clear Lake Avenue, Springfield, IL	$1,680,000	3450	0.5
2501 Adlai Stevenson Drive, Springfield, IL	$1,369,000	5167	-

Closest Commercial Airports

Airport	Distance (mi)
Abraham Lincoln Capital Airport (SPI)	3
General Wayne A. Downing Peoria International Airport (PIA)	59
Central Illinois Regional Airport at Bloomington-Normal (BMI)	62