Former Wendy's
2,915 SF Freestanding Building on 1.34 Acres | Existing Drive-Thru | Redevelopment Opportunity
Marketing description
Former Wendy’s at 1845 Vaughn Rd, Wood River, IL 62095 presents a standout owner-user or redevelopment opportunity in one of Wood River’s most active retail corridors. This 2,915 SF freestanding building sits on a generous 1.34-acre site and features an existing drive-thru, ample parking, and strong street presence along Vaughn Road, where traffic exceeds 12,000 vehicles per day.
Extensively remodeled in 2024, the property offers modernized improvements that can help reduce near-term capital needs and speed time to occupancy for restaurant, retail, medical, financial, automotive, or other commercial users. Its B-3 zoning and existing restaurant infrastructure create flexibility for a variety of concepts.
The site benefits from immediate access to IL Route 255 and IL Route 111, providing excellent regional connectivity throughout the Metro East and convenient access to Downtown St. Louis. Surrounded by major national retailers including Walmart Supercenter, Aldi, Walgreens, McDonald’s, Taco Bell, Steak ’n Shake, Dollar Tree, and AutoZone, this location is positioned to capture both local and commuter traffic in a densely traveled commercial hub.
Investment highlights
- 2,915 SF Freestanding Former Wendy's Restaurant With Existing Drive-Thru Situated on 1.34 Acres Extensively Remodeled in 2024, Providing a Modernized Facility With Reduced Near-Term Capital Requirements
- Existing Restaurant Improvements Reduce Conversion Costs and Accelerate Time to Occupancy
- High-Visibility Location Along Vaughn Road Within Wood River's Primary Retail Corridor | Daily Vehicles Per Day Surpass 12,000
- Immediate Access to Illinois Route 255 and Illinois Route 111 Offering Outstanding Regional Connectivity
- Located Within the Metro East Region of the Greater St. Louis MSA | 26 Miles to Downtown St. Louis
- Strong Daytime Population Supported by Nearby Industrial, Manufacturing, Distribution, and Energy Employers
- Population Exceeds 50,200 Residents Within a 5-Mile Radius
- Average Household Income Exceeds $79,000 Within a 3-Mile Radius
- Surrounded by a Strong Mix of National Retailers Including Walmart Supercenter, Aldi, Walgreens, McDonald's, Taco Bell, Steak 'n Shake, AutoZone, O'Reilly Auto Parts, Dollar Tree, Harbor Freight Tools, and Numerous Other National and Regional Retailers
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