217-547-6650
3241 Horizon Dr, Springfield, IL for Sale
Restaurant - FOR SALE
1/20
null | Request Cap Rate

3241 Horizon Dr
Springfield, IL 62703


HIGHLIGHTS

  • Subject opportunity presents a former Hooters restaurant with over 20 years of successful operations and an overflow parking lot parcel.
  • Surrounded by major hotels and national dining chains such as Starbucks, Red Lobster, Panera Bread, Arby's, and Crowne Plaza Hotel.
  • Highly visible restaurant opportunity seen by more than 52,500 daily passing vehicles along Interstate 55, plus easy site access.
  • Positioned near key state government offices and employers, such as the Illinois Secretary of State, contributing to consumer spending.
  • Fully built-out interior with a commercial-grade kitchen, grease traps, spacious dining area, bar infrastructure, and freezer storage.
  • Robust 5-mile consumer spending power exceeding $1.1 billion annually, with the food and beverage subset generating the most spending.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hospitality Park Outlot - Former Hooters

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

B-1

APN/PARCEL ID

22-12.0-127-059,22-12.0-127-067

ASK ABOUT THIS PROPERTY

Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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