1030 Clocktower Drive | , ILSpringfield, IL 62704

This exceptional investment opportunity presents the chance to acquire a thriving Long John Silver's and A&W restaurant in Springfield, Illinois. The property operates under an absolute NNN lease, eliminating landlord responsibilities. The lease, currently in effect, expires in February 2025, but includes four five-year renewal options. The tenant has already exercised the first option, a two-part renewal covering five years. Subsequent options include a 10% rent escalation. This strategically located restaurant sits on a high-visibility hard corner, benefiting from significant daily traffic counts: 4,000 vehicles per day on Clocktower Drive and 16,200 on Monroe Street. Its proximity to Veterans Parkway (Route 4), carrying over 24,000 vehicles daily, further enhances its accessibility. The location is also conveniently situated just ten minutes from downtown Springfield. The surrounding area boasts desirable amenities, including the prestigious Illini Country Club and Owen Marsh Elementary School, serving 302 students. Springfield, the largest city in central Illinois, boasts a population of 117,000 and a strong business environment. Its central location, with easy access to Interstates 55 and 72, provides a wide reach, encompassing over 536,000 people within a 40-mile radius. The city also benefits from robust transportation infrastructure, including five Class I railroads and two short-line railroads, ensuring efficient distribution. Springfield's Abraham Lincoln Capital Airport offers full-service passenger and freight capabilities. This property offers a compelling combination of strong tenant occupancy, a desirable location, and significant long-term growth potential. The building encompasses 10,000 square feet and consists of two units.