Chick-fil-A Absolute NNN Ground
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For Sale
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3200 NORTHFIELD DR, Springfield, IL 62702
Leased fee ownership with an absolute NNN structure and tenant responsibility for property expenses and maintenance.
Property SizeContact for details
Days on Market7
Property Features for 3200 NORTHFIELD DR
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Alrig USA
Listed By:
Vincent Pipia · License #MI 6501400083
Source:
Crexi
Added: Sep 11
Changed: Sep 16
Last Checked: Sep 16 at 2:23PM
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 Alrig USA
Investment Insights
Based on property information with market context.
This offering conveys the leased fee interest in a ground-leased Chick-fil-A property at 3200 Northfield Dr. The absolute NNN structure places responsibility for CAM, real estate taxes, insurance, and premises maintenance with the tenant, leaving no landlord obligations identified in the lease terms.
The lease has 15 years remaining and includes 12 five-year extension options. Contractual rent increases of 7.5% occur every five years during the initial term and when each option period begins. The property is located in Springfield, Illinois, and is occupied by Chick-fil-A.
The lease has 15 years remaining and includes 12 five-year extension options. Contractual rent increases of 7.5% occur every five years during the initial term and when each option period begins. The property is located in Springfield, Illinois, and is occupied by Chick-fil-A.
Key Highlights
- Chick‑fil‑A ground lease at 3200 Northfield Dr, Springfield, IL
- Absolute NNN structure with zero landlord responsibilities
- 15 years remaining on the current lease term
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
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Business Placement
Demographics for 62702, IL
33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Leased fee ownership with an absolute NNN structure and tenant responsibility for property expenses and maintenance.
Where is this nnn property located?
The property is located at 3200 NORTHFIELD DR Springfield, IL.
What is the asking price?
The asking price for this property is $2,525,252.
What are key features of this property?
This property features: Chick‑fil‑A ground lease at 3200 Northfield Dr, Springfield, IL; Absolute NNN structure with zero landlord responsibilities; 15 years remaining on the current lease term
