Double-Lane Drive-Through
3100 W White Oaks Drive, Springfield, IL 62704
For Sale
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The 2023-built, single-tenant property is leased under an absolute NNN structure.
Property SizeContact for details
Days on Market53
Property Features for 3100 W White Oaks Drive
General Information
Standard status
Property subtype
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License IL #15266
(949) 942-6585
Source:
Crexi
Added: Sep 23
Changed: Nov 12
Last Checked: Nov 12 at 6:01AM
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 ParaSell Inc
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Built in 2023 to Raising Cane’s prototype, this single-tenant restaurant features a high-capacity, double-lane drive-through. Raising Cane’s Restaurants, L.L.C. occupies the property under an absolute NNN lease, with approximately 11.5 years of firm term through March 2038. Five 5-year renewal options could extend the lease through March 2063. Contractual rent increases are 10% every five years.
The property is an outparcel to Southwest Plaza, a 370,000 SF shopping center with Academy Sports, Best Buy, Ross, PetSmart, DSW, and Barnes & Noble. It sits near the signalized Wabash Avenue and White Oaks Drive intersection. Traffic counts nearby reach approximately 32,000 VPD at Wabash Avenue and Route 4/Veterans Parkway. White Oaks Mall and White Oaks Plaza together record 9.8 million annual visits, per Placer.ai.
The property is an outparcel to Southwest Plaza, a 370,000 SF shopping center with Academy Sports, Best Buy, Ross, PetSmart, DSW, and Barnes & Noble. It sits near the signalized Wabash Avenue and White Oaks Drive intersection. Traffic counts nearby reach approximately 32,000 VPD at Wabash Avenue and Route 4/Veterans Parkway. White Oaks Mall and White Oaks Plaza together record 9.8 million annual visits, per Placer.ai.
Key Highlights
- 2023 construction featuring a high‑capacity, double‑lane drive‑through
- Single tenant: Raising Cane’s Restaurants, L.L.C.
- Absolute NNN lease with approximately 11.5 years of firm term through March 2038
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Trade Area within ½ mile
1,060
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - The 2023-built, single-tenant property is leased under an absolute NNN structure.
Where is this drive through restaurant located?
The property is located at 3100 W White Oaks Drive Springfield, IL.
What is the asking price?
The asking price for this property is $2,577,000.
What are key features of this property?
This property features: 2023 construction featuring a high‑capacity, double‑lane drive‑through; Single tenant: Raising Cane’s Restaurants, L.L.C.; Absolute NNN lease with approximately 11.5 years of firm term through March 2038
