3434 Freedom Dr
Springfield, IL 62704

Fortis Net Lease is pleased to exclusively present this single tenant net leased Bakers Square restaurant located in Springfield, IL. The subject property is 5,699 SF (built in 1993), and sits on and Extra-Large 1.33 Acres. Having commenced in 2001, Bakers Square operates on a 20 year Absolute NNN Lease, leaving zero landlord responsibilities. The lease is equipped with 1% annual rental rate increases during the primary term and during their three (3) five (5) year options to renew. The lease is corporately guaranteed by American Blue Ribbon Holdings, LLC which operates other restaurant concepts; O'Charley's, 99 Restaurant & Pub, and Village Inn. This Bakers Square is highly visible as it is strategically positioned in front of the Target & Walmart anchored power center on Freedom Drive, while abutting S Veterans Parkway (Illinois Route 4) where daily traffic exceeds 33,000 as this is the main retail corridor (home to White Oaks Mall) in Springfield, IL. The five mile population exceeds 99,000, while the one mile household income is greater than $67,000 making this an ideal locations for a fast casual restaurant, as 5 Mile Consumer spending tops $1 Billion. Adjacent to the site are also four hotels, in Quality Inn & Suites, Fairfield, Courtyard, and Sleep Inn.