905 N Springfield St - Fast Food FOR SALE
Virden, IL 62690 |
$1,123,635 USD
512-768-0380
905 N Springfield St
Virden, IL 62690
HIGHLIGHTS
- Over 14 years remaining on a Triple Net (NNN) Lease.
- Former Hardee's 3,060 SF freestanding building with drive-thru situated on 0.90 acres.
- Ideal reuse opportunity for QSR, medical, or retail, and a modern layout with drive-thru and ample parking.
- Strategically placed on Hwy 4 (North Springfield St), the major north-south thoroughfare through Virden, which sees an average of over 10,000 VPD.
- 0.5 miles from North Mac High School, with enrollment of over 400 students.
- Virden is 25 miles south of Springfield, the state capital of Illinois.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 3,060 SF dark Hardee’s located at 905 North Springfield Street in Virden, IL. The property features over 14 years remaining on a Triple Net (NNN) Lease. With a modern layout, drive-thru access, and ample parking, this asset presents an ideal reuse opportunity for quick-service restaurants, medical users, or retail concepts, making it a versatile and unique investment.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$1,123,635 USD
PRICE/SF
$367 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dark Hardee's - Virden, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
38
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
Commercial
APN/PARCEL ID
08-001-380-00
ASK ABOUT THIS PROPERTY
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512-768-0380
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512-768-0380
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