Sherwood Plaza

Sherwood Plaza

2500 Wabash Avenue, Springfield, IL, USA

Sherwood Plaza

Cushman & Wakefield exclusively presents Sherwood Plaza (“The Property”) –a two-tenant center occupied by Burlington &  Marshalls, with both tenants secured on corporate, long-term leases. The Property is located on a hard corner at a lighted intersection within the two major retail corridors of Springfield, IL (Veteran’s Parkway & Wabash). In addition, Sherwood Plaza offers a value-add component with an 11,000-square-foot vacancy than can be leased at market rents and drive NOI growth over the owner’s hold-period. More than 54,400 vehicles pass the center daily and the 3-mile demographics include more than 54,000 residents with an average household income over $89,000

Property Summary

Site Area7.076 Acres
Year Built2018
GLA (SF)75,304 SF
AnchorMarshalls and Burlington
Occupancy85%

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