929 Springfield rd - Fast Food FOR SALE


Taylorville, IL 62568
$2,615,000 USD
407-913-9009
929 Springfield rd, Taylorville, IL for Sale
$2,615,000 USD
Fast Food - FOR SALE
1/4
null | 6.5% Cap Rate

929 Springfield rd
Taylorville, IL 62568


OVERVIEW

Commitment: 20 year absolute NNN lease providing passive ownership for investors. Passive Ownership Opportunity: The tenant is responsible for all Taxes, CAM, and Insurance, providing no landlord ownership responsibilities. Experienced Operator: Tenant is the fifth-largest operator in the system and operates over 120+ units across the US. Retail Dense Corridor: Surrounded by National Retailers - Walmart, ALDI, Kroger, Steak ’n Shake, and more. Convenient Access: Within a 40-minute drive of Downtown Springfield, Abraham Lincoln Capital Airport, and the University of Illinois Springfield. Performance: Top-performing location and strategically located adjacent to Taylorville High School with over 800+ Students.

FOR SALE DETAILS

PRICE

$2,615,000 USD

PRICE/SF

$1,659 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-2

APN/PARCEL ID

17-13-22-101-009-01

ASK ABOUT THIS PROPERTY

Connor ShellStream Capital PartnersMore Info
407-913-9009

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Connor ShellStream Capital PartnersMore Info
407-913-9009

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