312-458-4392
4300 Wabash Ave, Springfield, IL for Sale
Freestanding - FOR SALE
1/4
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4300 Wabash Ave
Springfield, IL 62711


HIGHLIGHTS

  • Corporate NNN Lease – Absolute triple-net lease with zero landlord responsibilities, guaranteed by McDonald’s USA, LLC
  • 12 years remaining on initial lease term with multiple 5-year renewal options and built-in rental escalations
  • ocated in Springfield, the capitol of Illinois, featuring a diverse economic base anchored by state government, healthcare, and higher education

OVERVIEW

Corporate NNN Lease – Absolute triple-net ground lease with zero landlord responsibilities, guaranteed by McDonald’s USA, LLC (S&P: BBB+), providing stable, investment-grade income. Long-Term Stability – 12 years remaining on initial ground lease term with multiple 5-year renewal options and built-in rental escalations, ensuring predictable cash flow and long-term appreciation potential. - Established High-Traffic Location – Situated along Wabash Avenue, a primary commercial corridor with strong daily traffic counts and proximity to national retailers such as Walmart, Lowe’s, and Target. - Strong Market Fundamentals – Located in Springfield, the capitol of Illinois, featuring a diverse economic base anchored by state government, healthcare, and higher education institutions. - Exceptional Real Estate Value – Prominent parcel with excellent visibility, signalized access, and modern McDonald’s prototype construction with double drive-thru—positioned for enduring tenant success. - High McDonald’s pylon sign in front and along Wabash Avenue

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

McDonalds

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

GC

APN/PARCEL ID

21-11.0-457-008

ASK ABOUT THIS PROPERTY

Brenton SchraderCitadel Property AdvisorsMore Info
312-458-4392

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Brenton SchraderCitadel Property AdvisorsMore Info
312-458-4392

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