3009 South Dirksen Parkway, Springfield, IL 62703 For Sale

NEARLY 40 YEARS OF OPERATION: Arby’s has operated at this location since 1988 and recently extended their lease, demonstrating their commitment to the site and the market. Arby’s has 3.5+ years remaining on their lease with two (2), five-year renewal options.

ATTRACTIVE RENT INCREASES: The Arby’s lease calls for attractive 10% rent increases at the start of each of the renewal options providing the investor with an attractive increase in revenue and hedge against inflation.

ZERO MANAGEMENT RESPONSIBILITIES: Arby’s has a Ground Lease and is responsible for real estate taxes, insurance, common area maintenance and capital expenses, making it an attractive investment for the passive real estate investor.

DYNAMIC TENANT: Arby’s is owned by Inspire Brands, a multi-brand restaurant company whose portfolio includes more than 33,300 locations. Inspire Brands owns Dunkin’, Baskin-Robbins, Arby’s, Buffalo Wild Wings, SONIC Drive-In, and Jimmy John’s restaurants worldwide. This location is operated and guaranteed by Turbo Restaurants US, LLC, an experienced franchisee. Turbo Restaurants US, LLC operates as part of the broader Sun Holdings portfolio. Sun Holdings is a major franchisee, operating over 1,740 total locations across various brands.

PRIME RETAIL LOCATION: Arby’s is extremely well located along S Dirksen Parkway, one of the area’s primary commercial corridors. Arby’s is part of a dominant trade area centered around the junction of S Dirksen Parkway, Adlai Stevenson Drive and Interstate 72, which is home to national retailers and restaurants and several nationally branded hotels. The Property is also convenient to University of Illinois Springfield and Lincoln Land Community College, and major roadways including IL Routes 29 and 97 and Interstates 72 and 55, all of which drive traffic to the area. Additionally, the Property is within minutes of several area schools and is surrounded by densely populated residential neighborhoods providing a built-in customer base.

ECONOMIC DRIVERS: Springfield benefits from a diverse and stable economy anchored primarily by government, healthcare, education, and tourism. As the capital of Illinois, the city’s largest employment sector is public administration, with the Illinois State Government supporting thousands of jobs. Healthcare is another major economic driver, led by regional medical providers including Springfield Memorial Hospital and HSHS St. John's Hospital, both of which serve a broad central Illinois population and generate substantial employment. Higher education institutions such as University of Illinois Springfield and Lincoln Land Community College contribute to workforce development and economic activity.

TRAFFIC COUNTS: Over 12,300 vehicles per day pass the Property along S Dirksen Parkway. An additional 60,600 vehicles pass near the Property along Interstate 72.

RETAIL TRADE AREA: Notable retailers and restaurants drawing consumers to the trade area include the Peninsula Town Center (anchored by Target), Walmart Supercenter, Lowe’s, BJ’s Wholesale Club, Food Lion, Lidl, Walmart Neighborhood Market, Burlington, Marshalls, Harbor Freight, Office Depot, Big Lots, CVS, Dollar General, Pep Boys, AutoZone, Longhorn Steakhouse, Waffle House, Hooters, Chick fil-A, Chipotle, Starbucks, 7 Brew, McDonald’s, Burger King, Wendy’s, Popeyes, Taco Bell, Sonic, Zaxby’s, Jersey Mike’s, First Watch, Crumbl, Krispy Kreme, Pizza hut, Dominos, Royal Farms, 7-Eleven, and Wawa.

DEMOGRAPHICS: Approximately 35,200 people live within 3 miles of the Property with an average household income of $80,093. More than 99,200 people live within 5 miles of the Property with an average household income of $86,691. Additionally, there are more than 54,800 employees within 5 miles of the Property.