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2003 W Monroe St
Springfield, IL 62704
Dark Value-Add | QSR Redevelopment · Retail Property For Sale
Investment Highlights
- Dark Location | Redevelopment Opportunity
- Drive-Thru and Outdoor Patio | Adds Value and Flexibility to Future Tenancy
- 0.8 Miles from Highway 97 Which has a Traffic Count of 20,500 Vehicles per Day
- Starbucks is No Longer Operating at this Location, However has 1.2 Years Remaining
- Ideally Located at a High-Trafficked Signalized Intersection | Exceeding 24,600 Vehicles per Day
- Less Than Two Miles from Two Hospitals | St. Johns Hospital & Children’s Hospital (382 Beds) and Memorial Medical Center (500 Beds)
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,815 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.34 AC
Zoning
S-2 - Community Shopping & Office District
Parking
10 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
94’ on West Monroe Street
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 14-32.0-103-041 | Improvements Assessment | $85,592 |
| Land Assessment | $34,526 | Total Assessment | $120,118 |
Property Taxes
Parcel Number
14-32.0-103-041
Land Assessment
$34,526
Improvements Assessment
$85,592
Total Assessment
$120,118
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