About This Restaurant
Investment Highlights
Excellent Redevelopment or Lease-Up Opportunity | Commercial District (B-4) | Former National QSR Site Tax Incentives | Strong National/Credit Tenants Strong Demographics in 5-Mile Trade Area Along Arterial Thoroughfare | Drive-Thru Equipped | Interstate 255 (54,600 VPD) | Collinsville Sports Complex Remodel FanDuel Sportsbook & Horse Racing (53 Full Race Days) | Brand-New Casino Development (1,100 Seats) | Extreme BSC & Turn 2 (300,000 Training Sessions)
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire or lease the fee simple (land & building ownership) in a freestanding, former national QSR investment property located in Collinsville, Illinois (St. Louis MSA). This property presents an enticing opportunity within the sought-after St. Louis Metropolitan Statistical Area (MSA), offering the potential for retail or commercial redevelopment or lease-up. With its strategic location, the property is advantageously zoned as Commercial District (B-4), enabling a diverse array of retail and business applications. Additionally, the property boasts an existing building area of approximately 2,095 square feet and is equipped with a drive-thru, providing a solid foundation for various business ventures.
Property Details
- Sale Type Owner User
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 2,095
- Building Class C
- Year Built 1989
- Price 1,200,000
- Price Per SF 573
- Tenancy Single
- Building Height 1 Story
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 13-1-21-31-00-000-011 | Improvements Assessment | $201,420 |
| Land Assessment | $293,850 | Total Assessment | $495,270 |
| Date Created: | 2024-07-16 04:13:39 | Last Updated: | 2024-07-16 04:13:39 |
| Address: | 9502 Rd , Collinsville, Illinois, 62234 | ||