Drive-Through QSR Restaurant
500 N Giant City Rd Carbondale, IL 62901
500 N Giant City Rd, Carbondale, IL, 62901
$1,300,000
For Sale
$1,300,000
Modern 2019-built quick service restaurant with a drive-thru and dedicated parking on a 1.31-acre site.
Property Size2,929 SF
Lot Size1.31 Acres
Price / SF$443.84
Days on Market10
Property Features for 500 N Giant City Rd
General Information
- Standard status
- Active
- Size
- 2,929 SF
- Lot size
- 1.31 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2019
Listing agency
Lorimont L.C
(217) 641-2995
Listed by
Chris Cole () · License #2018017770
Source
Farlowrealestateexperts
Added: Jul 14 Updated: Jul 22 at 3:48PM Checked: Jul 22 at 3:48PM
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 Lorimont L.C
Investment Insights
Based on property information with market context.
Constructed in 2019 as a build-to-suit quick service restaurant, this restaurant building features a spacious, modern layout designed for drive-thru operations. The property includes a 2,929 SF building and offers drive-thru service along with 48 dedicated parking spaces.
Located along one of Carbondale’s growing retail corridors, the site benefits from high visibility with reported traffic of 15,400 VPD.
This is a move-in ready restaurant property designed specifically for quick service use, with on-site parking capacity built to support customer throughput.
Located along one of Carbondale’s growing retail corridors, the site benefits from high visibility with reported traffic of 15,400 VPD.
This is a move-in ready restaurant property designed specifically for quick service use, with on-site parking capacity built to support customer throughput.
Key Highlights
- 2019‑built quick service restaurant (QSR) building constructed in 2019 as a build‑to‑suit
- 2,929 SF building with drive‑thru for quick service operations
- Located on a 1.31‑acre parcel
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.1k | $18.48 |
| − Vacancy | −$2.3k | −$0.78 |
| EGI | $51.9k | $17.70 |
| − OpEx | −$13.0k | −$4.43 |
| NOI | $38.9k | $13.28 |
2,929 SF · lease $18.48/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$555.6K
$486.1K – $648.2K
NOI $38,891 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$798.4K
$698.6K – $931.4K
NOI $55,885 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Freddy's Frozen Custard ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Modern 2019-built quick service restaurant with a drive-thru and dedicated parking on a 1.31-acre site.
Where is this drive through restaurant located?
The property is located at 500 N Giant City Rd Carbondale, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2019‑built quick service restaurant (QSR) building constructed in 2019 as a build‑to‑suit; 2,929 SF building with drive‑thru for quick service operations; Located on a 1.31‑acre parcel
