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McDonalds 4300 Wabash Ave 4,000 SF Retail Building Springfield, IL 62711 $1,243,332 ($310.83/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate NNN Lease – Absolute triple-net lease with zero landlord responsibilities, guaranteed by McDonald’s USA, LLC
- ocated in Springfield, the capitol of Illinois, featuring a diverse economic base anchored by state government, healthcare, and higher education
- 12 years remaining on initial lease term with multiple 5-year renewal options and built-in rental escalations
EXECUTIVE SUMMARY
Long-Term Stability – 12 years remaining on initial ground lease term with multiple 5-year renewal options and built-in rental escalations, ensuring predictable cash flow and long-term appreciation potential.
- Established High-Traffic Location – Situated along Wabash Avenue, a primary commercial corridor with strong daily traffic counts and proximity to national retailers such as Walmart, Lowe’s, and Target.
- Strong Market Fundamentals – Located in Springfield, the capitol of Illinois, featuring a diverse economic base anchored by state government, healthcare, and higher education institutions.
- Exceptional Real Estate Value – Prominent parcel with excellent visibility, signalized access, and modern McDonald’s prototype construction with double drive-thru—positioned for enduring tenant success.
- High McDonald’s pylon sign in front and along Wabash Avenue
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Dec 2037
Behind McDonald’s Golden Arches is a global community of crew, farmers, suppliers, franchisees, and countless others who make up who they are as a brand. It’s the entire McFamily that makes McDonald’s what it is today and what it’s been for many years. Across McDonald’s business, they strive to lift up the communities they are in. McDonald’s does it through their purpose, to feed and foster communities. McDonald’s does it through their growth pillars, which focus on integral areas of their business. McDonald’s does it through their leadership, with a team that will move their brand forward.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Triple Net | Dec 2037 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-11.0-457-008 | Improvements Assessment | $190,850 |
| Land Assessment | $112,928 | Total Assessment | $303,778 |
PROPERTY TAXES
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McDonalds | 4300 Wabash Ave
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