This offering presents an exceptional absolute NNN investment opportunity featuring a 4,917 SF freestanding Hardee’s restaurant. Situated on a substantial 1.38-acre parcel at the signalized intersection of West Jefferson Street and North Walnut Street, the property commands a premier position in Springfield's vibrant core with excellent visibility.
Ideally located just blocks from downtown and the Illinois State Capitol, the site benefits from traffic counts exceeding 28,794 VPD. The immediate trade area is robust, driven by government offices, medical centers, schools, and major tourist attractions, including the Abraham Lincoln Presidential Library and Museum.
Operated by Superior Star LLC with 93 locations across 11 states, the tenant has demonstrated a strong commitment to this location. The lease features attractive 2% annual rent escalations, providing investors with a hedge against inflation and guaranteed income growth.