Core-Plus Grocery-Anchored Neighborhood Shopping Center

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to present an exceptional opportunity to acquire a Core-Plus Grocery-Anchored Shopping Center – 30,711-square-foot retail center with an adjacent 0.87-acre pad site (the “Property”) in Riverton, IL, part of the Springfield MSA. The Property features a diverse mix of long-term, service-oriented, and e-commerce–resistant tenants, many of whom have occupied their spaces for years—showcasing both strong tenant loyalty and lasting community appeal. Built in 1979, the center has consistently maintained high occupancy levels, providing investors with stable income, and the 0.87-acre pad site offers additional upside and is ready for development. The site could support a range of uses—such as multi-family housing, an office or retail building, or a quick-service restaurant (QSR)—creating opportunities to further expand the Property’s revenue base and overall value.