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McDonalds 4300 Wabash Ave 4,000 SF Retail Building Springfield, IL 62711 $1,734,697 CAD ($433.67 CAD/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
Corporate NNN Lease – Absolute triple-net ground lease with zero landlord responsibilities, guaranteed by McDonald’s USA, LLC (S&P: BBB+), providing stable, investment-grade income.
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
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
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
2013
Price
$1,734,697 CAD
Price Per SF
$433.67 CAD
Cap Rate
4%
NOI
$69,388 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.26 AC
Zoning
GC - General
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Dec 2037
McDonald's est le premier détaillant mondial de services alimentaires avec plus de 37 000 établissements répartis dans plus de 100 pays. Plus de 90 % des restaurants McDonald's dans le monde sont détenus et exploités par des hommes et des femmes d'affaires locaux indépendants. Les franchisés McDonald's et McDonald's emploient 1,9 million de personnes dans le monde. McDonald's sert au monde entier certains de ses plats préférés - Frites de renommée mondiale, Big Mac, Quarter Pounder, Chicken McNuggets et Egg McMuffin.
| 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 | $269,001 CAD |
| Land Assessment | $159,171 CAD | Total Assessment | $428,172 CAD |
PROPERTY TAXES
Parcel Number
21-11.0-457-008
Land Assessment
$159,171 CAD
Improvements Assessment
$269,001 CAD
Total Assessment
$428,172 CAD
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McDonalds | 4300 Wabash Ave
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