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2881 S Veterans Pky
Springfield, IL 62704
Red Robin (Dark) · Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- Dominant Location in Springfield, Illinois - #1 Retail Trade Area in 208,000 Person Market
- Ideal Re-Tenant/Redevelopment Opportunity with 44 Months of Guaranteed Income from Red Robin
- Ideal Site – 1 Acre Site with 5,800 SF Existing Restaurant Building Facing S Veterans Parkway
- Corporate Credit – Red Robin International (NASDAQ: RRGB) Pays Rent Through August 2029
- Lease Buyout Opportunity Exists - $443,768 in Guaranteed Future Rental
- Dense Detail Backup - Located in Front of Kohl’s, TJ Maxx, Ulta, Sierra, and Petco
Résumé de l'annonce
For sale to qualified investors is a dark Red Robin ideally located in the #1 retail trade area serving Springfield, Illinois. After extending their lease in 2021, Red Robin (NASDAQ: RRGB) has nearly 4 years of guaranteed rental remaining in this location - totaling $443,768 remaining as of January 1, 2026. This provides the purchaser with a unique opportunity to both collect rent from a corporate-credit tenant during the re-leasing and marketing period and working to secure a lease buyout in order to assist funding re-tenanting of the property. With an existing 5,800 square foot building on 1 acre of land, the property is a prime candidate for many retail and service uses. Situated directly in front of White Oaks Plaza, featuring Kohl’s, Siera, TJ Maxx, Ulta, Petco, and more, the property is a focal point in this top trade area serving over 200,000 customers in the area. In addition to I-72 access just a few blocks away, surrounding tenants also include the White Oaks Mall, Ross Dress for Less, Best Buy, Barnes & Noble, Academy Sports, Old Navy, Target, Walmart, Hobby Lobby, Chick fil A, Starbucks, Longhorn, Chipotle, Texas Roadhouse, Outback, and many, many more.
Brian Brockman
License #: 471020548
Bang Realty-Illinois, Inc
bor@bangrealty.com
513-898-1551
Brian Brockman
License #: 471020548
Bang Realty-Illinois, Inc
bor@bangrealty.com
513-898-1551
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
5 735 pi²
Classe d’immeuble
B
Année de construction
2013
Prix
2 450 340 $ CAD
Prix par pi²
427,26 $ CAD
Taux de capitalisation
7,43%
Revenu net d’exploitation
182 077 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,13
Taille du lot
1,00 AC
Stationnement
62 places (10,81 places par 1 000 pi² loué)
Commodités
- Restaurant
- Système de sécurité
- Affichage
- Climatisation
Impôts fonciers
| Numéro de lot | 21-12.0-227-007 | Évaluation des bâtiments | 257 961 $ CAD |
| Évaluation du terrain | 472 801 $ CAD | Évaluation totale | 730 762 $ CAD |
Impôts fonciers
Numéro de lot
21-12.0-227-007
Évaluation du terrain
472 801 $ CAD
Évaluation des bâtiments
257 961 $ CAD
Évaluation totale
730 762 $ CAD
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