Description
Excellent opportunity to purchase an existing Hardees Restaurant location on IL 4 in Chatham Illinois. The Hardees lease could possibly be renewed and extended with new terms, which currently runs through December 2024. The current lease is a true nnn and offers great income. The restaurant building, which is in excellent condition offers 3,827+/- square feet and sits in the middle of a 1.16 acre parcel. There are 4 points of ingress and egress for this site. The redevelopment potentials on this well situated site are endless, strip mall, office, mixed use commercial. Daily traffic count in front of this location on IL 4 is 14,900 cars per day. Chatham has a population of more than 13,000 people and is located 3 miles south of Springfield, the Capital of Illinois with a metro population of 208,000. Chatham is growing and thriving bedroom community, featuring the most popular schools in greater Springfield area, which has drawn many familys to relocate to the area. Chatham has numerous parks and sits on the southwestern edge of Lake Springfield, a vibrant and busy summer hotspot.
-
0BEDS
-
1.16ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Excellent opportunity to purchase an existing Hardees Restaurant location on IL 4 in Chatham Illinois. The Hardees lease could possibly be renewed and extended with new terms, which currently runs through December 2024. The current lease is a true nnn and offers great income. The restaurant building, which is in excellent condition offers 3,827+/- square feet and sits in the middle of a 1.16 acre parcel. There are 4 points of ingress and egress for this site. The redevelopment potentials on this well situated site are endless, strip mall, office, mixed use commercial. Daily traffic count in front of this location on IL 4 is 14,900 cars per day. Chatham has a population of more than 13,000 people and is located 3 miles south of Springfield, the Capital of Illinois with a metro population of 208,000. Chatham is growing and thriving bedroom community, featuring the most popular schools in greater Springfield area, which has drawn many familys to relocate to the area. Chatham has numerous parks and sits on the southwestern edge of Lake Springfield, a vibrant and busy summer hotspot.
© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-05-31T20:45:02.887.