Former QSR Building Near White Oaks Mall For Lease

LeaseRestaurant 4,685 SF
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1700 Wabash Ave
Springfield, IL 62704
Lease Price: $25.00 / SF / Absolute NNN
Available Space: 4,685 SF
Lot Size (acre): 0.70 AC
Parking: 24 Spaces
Zoning: B-2, General Business District
Year Built: 1984

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) proudly presents an exceptional opportunity: a freestanding former Quick Service Restaurant (QSR) building in close proximity to White Oaks Mall.  The Landlord would consider leasing the property as a second-generation restaurant, a retrofit, a build-to-suit, and/or a ground lease.

The property is fully equipped establishment that hosted a renowned fast food chain restaurant for nearly 40 years.  It boasts a meticulously designed kitchen, ample customer seating, a dedicated food service counter, a self-service beverage station, and ADA-compliant restrooms.  There is a drive-thru covered by a protective canopy for added convenience.  The property benefits from dual-eye catching signs that offer incredible exposure to Wabash Ave traffic.  There is easy access and convenient cross access arrangements to allow seamless and uninterrupted customer traffic flow.  Do not miss the opportunity to transform this space to suit your business needs!

Location Description

The site has 175’ frontage along the popular and highly desirable Wabash Ave near White Oaks Mall. It has traffic counts of 25,100 AADT, two curb cuts, and is near a signalized intersection.  The site has great retail density and plenty of rooftops to absorb all the activity.  Nearby attractions include several big box retailers (Schnuck’s, Ashley Furniture, Ace Hardware, Jeffrey Alans), QSRs (McDonald’s, Dairy Queen, Subway, Steak ‘n Shake, Sonic), and various shopping and services (Goodwill, Planet Fitness).

Area Description

Springfield is the Capital of Illinois.  It is located in central Illinois and is accessed by Interstate 55 and Interstate 72.  It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis.  The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield.