Arby's 3009 S Dirksen Pky 2,800 SF Retail Building Springfield, IL 62703 $1,542,668 CAD ($550.95 CAD/SF) 6.25% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire an Arby’s Ground Lease located at 3009 S Dirksen Parkway in Springfield, Illinois (the “Property”). The free-standing single-tenant Arby’s consists of a 2,800 square-foot building on a 0.64-acre parcel of land. Arby’s has a long history at this location and recently extended their lease demonstrating their commitment to the site and the market. Arby’s has 3.5+ years remaining on their lease with two (2), five-year renewal options. The lease calls for an attractive 10% increase at the start of each of the renewal options.
Arby’s occupies a prominent location along S Dirksen Parkway, one of the area’s primary commercial corridors, where the Property benefits from excellent frontage, visibility, and convenient access. Positioned as a pad site to Capital City Shopping Center, the Property is part of a dominant retail trade area centered around the junction of South Dirksen Parkway, Adlai Stevenson Drive, and Interstate 72.
The surrounding corridor features a strong concentration of national retailers, restaurants, and nationally branded hotels that generate significant consumer and traveler traffic. The Property is also conveniently located near University of Illinois Springfield and Lincoln Land Community College, as well as several area schools and densely populated residential neighborhoods, all of which contribute to a stable built-in customer base.
In addition, the site offers convenient access to major regional roadways including IL Routes 29 and 97, Interstates 72 and 55, supporting strong connectivity throughout the Springfield market and the broader central Illinois region.