954-394-7078
1001-1105 Derby St, Pekin, IL for Sale
Department Store - FOR SALE
1/21
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1001-1105 Derby St
Pekin, IL 61554


HIGHLIGHTS

  • Cash-flowing neighborhood center offering a local and national tenant mix as well as a substantial lease upside in a high-demand submarket.
  • Hard-corner lot with three unique access points, high-exposure pylon signage visible to over 21,000 daily vehicles, and 129 on-site parking stalls.
  • Reachable from Highways 9 and 29 in under 5 minutes and Interstate 74, 474, and 155 in roughly 10 to 15 minutes, delivering strong regional traffic.
  • Just 1 mile from the Court Street Commercial Corridor, offering a wealth of traffic-driving restaurants, shops, art galleries, and public parks.
  • Built-in customer base from nearby hotspots, including UnityPoint Health Hospital, Veterans Memorial Arena, and several highly rated golf courses.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Neighborhood Center with Cash Flow

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

129

LAND DETAILS

CROSS STREETS

S 10th St.

LAND ACRES

3.12 AC

LAND SF

135,907 SF

ZONING

Commercial

APN/PARCEL ID

04-10-02-312-017,04-10-02-320-001,04-10-02-320-002,04-10-02-320-003,04-10-02-320-004,04-10-02-320-005,04-10-02-401-009,04-10-02-407-021

ASK ABOUT THIS PROPERTY

Gus MartinezCMV Realty LLCMore Info
954-394-7078

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Gus MartinezCMV Realty LLCMore Info
954-394-7078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.