Net Leased Restaurant
For Sale
Contact for pricing
2100 W White Oaks Dr, Springfield, IL 62704
Single-tenant net leased restaurant is occupied by Millions Crab under a new 10-year lease with periodic rent increases.
Property SizeContact for details
Days on Market117
Property Features for 2100 W White Oaks Dr
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 23 at 6:26AM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This single-tenant net leased restaurant property is occupied by Millions Crab. The offering features a new 10-year lease, with 10% rent increases occurring every 5 years. The tenant operates one of 14 successfully operating locations nationwide, providing a stabilized, credit-style long-term structure for ownership.
The restaurant is shadow anchored by Sam’s Club and is located one block north of White Oaks Mall and White Oaks Plaza. The surrounding center mix includes major retailers such as Macy’s, Kohl’s, Michaels, and Chick-fil-A.
From an ownership perspective, the property is presented as having “zero landlord responsibilities,” supported by the net lease structure described in the offering materials. The asset is positioned as a single-tenant investment tied to the Millions Crab operation and its long-term lease terms.
The restaurant is shadow anchored by Sam’s Club and is located one block north of White Oaks Mall and White Oaks Plaza. The surrounding center mix includes major retailers such as Macy’s, Kohl’s, Michaels, and Chick-fil-A.
From an ownership perspective, the property is presented as having “zero landlord responsibilities,” supported by the net lease structure described in the offering materials. The asset is positioned as a single-tenant investment tied to the Millions Crab operation and its long-term lease terms.
Key Highlights
- Single‑tenant net leased restaurant occupied by Millions Crab
- New 10‑year lease in place
- Lease includes 10% rent increases every 5 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant net leased restaurant is occupied by Millions Crab under a new 10-year lease with periodic rent increases.
Where is this conventional restaurant located?
The property is located at 2100 W White Oaks Dr Springfield, IL.
What are key features of this property?
This property features: Single‑tenant net leased restaurant occupied by Millions Crab; New 10‑year lease in place; Lease includes 10% rent increases every 5 years
