1700 Wabash Ave - Fast Food FOR SALE
Springfield, IL 62704 |
1700 Wabash Ave
Springfield, IL 62704
HIGHLIGHTS
- Strong Franchisee – StarCorp LLC operates ±160 Hardee’s and Carl’s Jr locations across the US.
- Carl Karcher Enterprises (CKE) is one of the largest QSR concepts with ±3,300 locations in 42 states and 28 countries.
- Excellent Retail Synergy – the Hardee’s is located near many national tenants such as McDonald’s, Chick-Fil-A, Dairy Queen, Walmart, and Target.
- Attractive 2% annual rental increases to hedge against inflation.
- Ideal Demographics for a Hardee’s franchisee – Average household income is north of $75,000
- Population greater than 112,000 within a 5-mile radius
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
4685
STORIES
1
YEAR BUILT
1984
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
22-08.0-326-023
