Hardee's – Listing Details

1700 Wabash Avenue, Springfield, IL 62704

  • For Sale $1,267,491
  • Property Type Retail - Street Retail
  • Property Size 4,050 SF
  • Lot Size 0.7 Acre
  • Property Tenancy Single Tenant
  • Year Built 1983
  • Date Updated Jan 11, 2023
Springfield is the Capital of Illinois, the county seat of Sangamon County, and the 6th most populous city in Illinois. It is located in central Illinois and is accessed by Interstate 55 and 72. It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis, MO. The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield. Also, it is the hometown of President Abraham Lincoln, whose life and activities drive tourism. The Abraham Lincoln Presidential Library and Museum Complex adds to the annual tourism traffic. Further, Springfield is home to the University of Illinois at Springfield (UIS), one of three universities in the U of I system with 1,642 employees and 2,503 enrolled students, the Southern Illinois (SIU) School of Medicine, and Lincoln Land Community College. The city of Springfield is driven primarily by the State Government (17,800 employees), a large medical community including two hospitals and a clinic (9,672 employees), the Southern Illinois School of Medicine, a concentration of large clinics, heart specialists, and the Simmons Cooper Cancer Institute. Additionally, Springfield has many state associations, legal offices, and other professional services based on the above sources of economic activity. Finally, Springfield has many local businesses operating their corporate headquarters here, including Horace Mann Educators (1,066 employees), Blue Cross and Blue Shield (900 employees), Wells Fargo (550 employees), Bunn-O-Matic Corp (500 employees), and Levi, Ray & Shoup Inc (LRS) [319 employees]. Currently, Springfield has several economic development and capital improvements projects underway. The Springfield Rail Improvements Project will relocate passenger and freight traffic from the Third Street corridor to Tenth Street and construct grade separations (roadway underpasses and one overpass) at the critical rail crossings on both the Tenth and Nineteenth Street corridors. The Springfield-Sangamon County Transportation Center will combine SMTD buses, Amtrak, intercity buses, paratransit vehicles, and taxis at one location with an adjacent parking garage. The Legacy Pointe Sports Complex is a 95-acre development that would include flexible, multi-use indoor and outdoor facilities as well as space for family entertainment. The proposed 150,000-square-foot indoor space would include courts for basketball and volleyball and turf space. The 46-acre outdoor space would include diamonds for baseball and softball as well as fields for sports like soccer and lacrosse. The Old State Capitol will have an underground parking garage and conference center and a two-level visitor center as part of a $224 million renovation.
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Getting Around

  • Walk Score ®

    Very Walkable (77)
  • Transit Score ®

    Some Transit (36)
  • Bike Score ®

    Bikeable (67)
Powered by Walk Score ®
  • City Springfield, IL
  • Neighborhood Westchester
  • Zip Code 62704

Points of Interest


3.14 miles


0.24 miles

Casey's General Store

0.98 miles

Hyvee Gas Station

1.04 miles

Tesla Supercharger

1.22 miles


1.34 miles

Sam's Club

1.47 miles

Huck's Food & Fuel

1.47 miles


1.48 miles

Phillips 66

1.77 miles


1.85 miles

Wabash Trail Parking

0.43 miles

Rose Garden Parking Area

1.64 miles

Interurban Trail Parking

1.71 miles

Dana-Thomas House Parking

2.68 miles

Lot T

2.72 miles

Lot M

2.73 miles

Lot Z

2.79 miles

Lot O

2.83 miles

Elijah Iles House Visitor Parking

2.89 miles

Christ Church Parking

3.00 miles


0.00 miles

Dairy Queen

0.09 miles


0.12 miles

Godfather's Pizza

0.15 miles

Steak 'n Shake

0.16 miles

Papa John's

0.23 miles

Little Saigon

0.23 miles

Gateway to India

0.24 miles


0.25 miles

Dublin Pub

0.27 miles



Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940


  • 4,050 Square Foot Drive Thru Equipped Quick Service Restaurant Located on .7 Acres of Land
  • Absolute NNN Lease - 160 Unit Hardee's Franchisee with Strong Historical Occupancy (Lease Commenced in 2006)
  • Established in 1960 - Hardee's (Franchisor) has Over 1,800 Locations Worldwide and is One of the Most Recognizable Fast Food Brands in the United States
  • Lease is Equipped with 2 Percent Annual Increase - A Strong Hedge Against Inflation and Increasing Returns
  • Four, Five Year Options to Renew
  • Excellent Visibility on Heavily Traveled Wabash Avenue - 23,900 Vehicles Per Day
  • Two Monument Signs on Wabash Avenue - Incredible Signage and Visibility
  • Drive Thru Equipped Site Offers Strong Future Real Estate Development Possibilities
  • Dominant Retail Corridor Home to Numerous National Retailers
  • Attractive Infill Suburban Springfield Location - Springfield is the State Capital of Illinois
  • Strong Demographics - Over 100K Population in a 5 Mile Radius

Contact Listing Broker


Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940