1700 Wabash Avenue

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1700 Wabash Avenue

Springfield, IL 62704
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Repositioning Opportunity | Springfield, IL <ul><li>​<span style="color: rgba(0, 30, 69, 1)">High-Visibility ±0.70-Acre Corner Lot on Wabash Avenue</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Former Hardee’s ±4,685 SF Freestanding Building</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Positioned Within Springfield’s Premier Retail Hub</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Located in Illinois’ Capital City With Strong Economic Drivers</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Significan

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times