This Retail Property is no longer advertised on LoopNet.com.

111 W Lincoln Ave
Charleston, IL 61920
 Sonic Drive-In · Retail Property For Sale

Retail Spaces Illinois Charleston 111 W Lincoln Ave, Charleston, IL 61920

Investment Highlights

  • 20-year absolute NNN lease featuring 1.5% annual rental increases throughout the base term and options
  • Zero landlord expense/maintenance obligations making this a truly “hand-off” investment
  • Subject property features significant frontage and direct ingress/egress on W Lincoln Avenue – 20,124 VPD
  • 2024 build-to-suit construction with drive-thru
  • Operator is a 123-unit franchisee operating on behalf of Sonic, Zaxby’s, and Take 5 Oil Change – the tenant is a 13-unit subsidiary with plans to open
  • Located less than 0.5 miles from Eastern Illinois University’s 320-acre campus – 8,850+ students Unemployment rate only 3.2%, below 4% national averag

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,660 SF
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.60 AC
 

  • Listing ID: 35693637

  • Date on Market: 4/30/2025

  • Last Updated:

  • Address: 111 W Lincoln Ave, Charleston, IL 61920

The Retail Property at 111 W Lincoln Ave, Charleston, IL 61920 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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