2100 W White Oaks Dr, Springfield, IL 62704 New Price: The property and restaurant together will sell at $1,800,000. Former TGI Fridays | Currently Japan House – All-You-Can-Eat Sushi Offered at a 7% Cap Rate | Over $800,000 in Recent Renovations This is a rare opportunity to acquire a fully stabilized, income-producing restaurant property located in one of Springfield’s most active retail corridors. Formerly a TGI Fridays and now operating as Japan House – All-You-Can-Eat Sushi, the building was completely renovated in 2022 with over $800,000 invested in upgrades inside, making it a true turnkey investment. 2025 also replace the roof and exteria The property sits along the high-traffic White Oaks retail corridor, directly adjacent to White Oaks Mall, and is surrounded by national retailers, restaurants, and major commercial anchors. It benefits from excellent visibility, easy access, strong signage exposure, and consistent day and evening traffic. A long-term tenant is in place with approximately 5 years remaining on the lease, providing stable and predictable income at a 7% cap rate. The lease also includes renewal options. This makes the property an ideal fit for 1031 exchange buyers, passive investors, or owner-operators seeking an income-generating asset in a prime location. The building features a full-service restaurant build-out, upgraded kitchen infrastructure, ample dine-in seating, and generous on-site parking. The flexible layout allows for continued restaurant use or future conversion to other retail, medical, or commercial concepts. Investment Highlights: 7% cap rate Over $800,000 in renovations completed in 2021 Former TGI Fridays – well-known, proven restaurant site Established tenant in place with long-term lease Located next to White Oaks Mall High visibility, heavy traffic area Turnkey, income-producing property Strong upside and redevelopment potential Ideal for 1031 exchange or passive investors This is a unique chance to secure a fully renovated restaurant property with stable income in one of Springfield’s strongest retail zones.