1700 Wabash Ave - Fast Food FOR SALE


Springfield, IL 62704
$1,300,000 USD
630-590-5910
1700 Wabash Ave, Springfield, IL for Sale
$1,300,000 USD
Fast Food - FOR SALE
1/12
null | Request Cap Rate

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1700 Wabash Ave
Springfield, IL 62704


HIGHLIGHTS

  • Freestanding Drive-Thru Building
  • High Traffic Counts - 25k VPD
  • 4 Points of Ingress/Egress

OVERVIEW

Brookline Real Estate, LLC. presents the opportunity to acquire a highly visible freestanding retail property with drive-thru positioned in a strong, transit-oriented location in Springfield, IL. A user with a need for brand exposure will benefit from the property's position directly on Wabash Avenue near the intersection at Veterans Parkway (Route 4). A developer or investor will benefit from attracting prime tenants given the many favored attributes of this property. Immediately surrounded by Planet Fitness, Ace Hardware, Dollar General, Shell, Steak 'n Shake, Dairy Queen, and Wingstop. The site is well located along a heavy trade corridor. Directly at the SMTD Bus stop and blocks from Route 4, the former Hardee's property is in a strong transit location with heavy vehicle and foot traffic near White Oaks Mall. Other national retailers near this location include Chick-fil-A, Binny's, Chipotle, Raising Cane's, Orangetheory, CVS, Walmart, Lowe's, Portillo's, Starbucks, and Target. The 4,685 square-foot building features four points of ingress/egress on two separate roads. The site has 175' of frontage and the large lot allows for parking up to 32. This rare freestanding/development opportunity is being offered on a growing business corridor with traffic counts of 25,100. Contact us to learn more!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding w/Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B2

APN/PARCEL ID

22-08.0-326-023

ASK ABOUT THIS PROPERTY

Kelsey GrossBrookline Real EstateMore Info
630-590-5910

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Kelsey GrossBrookline Real EstateMore Info
630-590-5910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.