1700 Wabash Ave | Springfield, IL 62704
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- LoopNet Team
1700 Wabash Ave
Springfield, IL 62704
Hardee's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Franchisee – StarCorp LLC operates ±160 Hardee’s and Carl’s Jr locations across the US.
- Excellent Retail Synergy – the Hardee’s is located near many national tenants such as McDonald’s, Chick-Fil-A, Dairy Queen, Walmart, and Target.
- Ideal Demographics for a Hardee’s franchisee – Average household income is north of $75,000
- Carl Karcher Enterprises (CKE) is one of the largest QSR concepts with ±3,300 locations in 42 states and 28 countries.
- Attractive 2% annual rental increases to hedge against inflation.
- Population greater than 112,000 within a 5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,685 SF
Building Class
C
Year Built
1984
Building Height
1 Story
Building FAR
0.15
Lot Size
0.70 AC
Zoning
B2 - General Business
Frontage
175’ on Wabash Ave
PROPERTY TAXES
| Parcel Number | 22-08.0-326-023 | Improvements Assessment | $175,202 |
| Land Assessment | $111,054 | Total Assessment | $286,256 |
PROPERTY TAXES
Parcel Number
22-08.0-326-023
Land Assessment
$111,054
Improvements Assessment
$175,202
Total Assessment
$286,256
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