2540 W Iles Ave - Restaurant FOR SALE
Springfield, IL 62704 |
2540 W Iles Ave
Springfield, IL 62704
HIGHLIGHTS
- Corporately Guaranteed, Ground Lease | 15-Year Lease Extension to Commence in November 2023
- Long Operating History | Built-to-Suit for Texas Roadhouse in 2009
- National Tenant | Texas Roadhouse
- Shadow-Anchored by Successful White Oaks Mall | Home to 77 Stores | 928,772 Square Feet
- Ideally Situated at the Intersection of Veterans Parkway and Iles Avenue | 43,000 Total Vehicles Passing per Day
- Attractive Demographics | Affluent Area with High Population | 101,696 People Live Within a Five-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 NAME
Texas Roadhouse Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
7135
STORIES
1
YEAR BUILT
2009
SPRINKLERS
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PARKING SPACES
97
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
22-07.0-101-032
