List Search

1351 S Dirksen Pky
Springfield, IL 62703

$2,709,818 USD

Fast Food For Sale  •  2,811 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,811 SF
  • Lot Size 21.86 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C
31 Transit Score
38 Walk Score

Highlights

Irreplaceable Location | Property is located on a signalized hard corner which sees over 34,000 VPD and is the only pad to a 175,000 SF JCPenny which
Proximate to Freeways | Burger King is Ideally located across the street from the entrance to Interstate 55 and Route 29 which sees a combined 70,000
Property Equipped with Double Drive-Thru | Property open 19.5 hours per day
Fee Simple Ownership (Land and Building) | Depreciable asset
Absolute NNN Lease | Zero landlord responsibilities
Longstanding Commitment to Location | Tenant signed a brand new 20-year lease in 2019 with Six 5-year options

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Burger King 7/31/2039

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.2 mi
AirportDriveWalkDistance
Abraham Lincoln Capital 17 min - 7.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
Patrick Conway 818-907-4696 CBRE
Patrick Conway 818-907-4696 CBRE