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Freestanding Drive-Through Restaurant
For Lease
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1209 Broadway Ave E, Mattoon, IL 61938

Recently reconstructed quick-service restaurant building on a corner parcel with existing drive-thru infrastructure and ample parking.

Property Size3,198 SF
Lot Size1.35 Acres
Days on Market95

Property Features for 1209 Broadway Ave E

General Information

Standard status Active
Size 3,198 SF
Lot size 1.35 Acres
Property subtype RETAIL
Lease Type SF/mo

Building Details

Year Renovated 2021
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Nick Ragle · License #IL 475.201147
Source: Moodyscre
Added: Apr 27 Changed: Jul 28 Last Checked: Jul 29 at 4:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

Now available for lease is a high-profile, freestanding quick-service restaurant building that was reconstructed in 2021. The property includes existing drive-thru infrastructure and a fully equipped, remodeled interior.

The building sits on a 1.35-acre corner parcel with direct visibility and signage along a heavily traveled east–west corridor. It also offers ample parking for customers and staff.

Previously operated by Wendy’s, the space is designed around drive-through service and food-service operations, with improvements already in place that may support food service, fast casual use, or conversion to a new retail concept.

Key Highlights

  • Recently reconstructed quick‑service restaurant building (2021) for lease at 1209 Broadway Avenue East (IL Route 16) in Mattoon, IL
  • Freestanding 1.35‑acre corner parcel with direct visibility and signage along a heavily traveled east–west corridor
  • Existing drive‑thru infrastructure already in place

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Daycare Center Carpet & Flooring Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$18,000.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 61938, IL

20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Recently reconstructed quick-service restaurant building on a corner parcel with existing drive-thru infrastructure and ample parking.
Where is this drive through restaurant located?
The property is located at 1209 Broadway Ave E Mattoon, IL.
What is the lease rate?
The lease rate is $120,000.
What are key features of this property?
This property features: Recently reconstructed quick‑service restaurant building (2021) for lease at 1209 Broadway Avenue East (IL Route 16) in Mattoon, IL; Freestanding 1.35‑acre corner parcel with direct visibility and signage along a heavily traveled east–west corridor; Existing drive‑thru infrastructure already in place
(217) 403-3379 Call to check price and availability
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