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Restaurant

Sonic Drive-In

3001 W Iles Ave, Springfield, IL 62704

Listing Price: $1,091,000

Investment Overview

ABSOLUTE NNN GROUND LEASE LEASE -NO LANDLORD RESPONSIBILITIES

Investment Highlights

  • ABSOLUTE NNN GROUND LEASE LEASE -NO LANDLORD RESPONSIBILITIES
  • NEW FIVE YEAR RENEWAL (STARTING 6/1/2021)
  • OVER 18 YEARS OF HISTORICAL OCCUPANCY
  • TWO -FIVE YEAR OPTIONS WITH RENT INCREASES
  • BUILD TO SUIT LOCATION IN 2003
  • DRIVE THRU AT THIS LOCATION

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Vice President Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

  • Howard H. Wiese

    First Vice President Investments

    (773) 867-1495

    Email Howard

    License(s): IL: 475.066240

    Chicago Oak Brook

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Investment Highlights

  • ABSOLUTE NNN GROUND LEASE LEASE -NO LANDLORD RESPONSIBILITIES
  • NEW FIVE YEAR RENEWAL (STARTING 6/1/2021)
  • OVER 18 YEARS OF HISTORICAL OCCUPANCY
  • TWO -FIVE YEAR OPTIONS WITH RENT INCREASES
  • BUILD TO SUIT LOCATION IN 2003
  • DRIVE THRU AT THIS LOCATION

Investment Overview

ABSOLUTE NNN GROUND LEASE LEASE -NO LANDLORD RESPONSIBILITIES

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Vice President Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

  • Howard H. Wiese

    First Vice President Investments

    (773) 867-1495

    Email Howard

    License(s): IL: 475.066240

    Chicago Oak Brook

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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