1012 S Bosch Rd - Food Processing FOR SALE
Peoria, IL 61607 |
$3,100,000 USD
773-619-4527
1012 S Bosch Rd
Peoria, IL 61607
HIGHLIGHTS
- Corporate NNN Lease – The property is leased to Bimbo Bakeries USA under an NNN lease structure (real estate taxes are reimbursed by tenant)
- Attractive Near-Term Lease Rollover with Extension Options – The lease has approximately 3.8 years remaining
- Investment Grade Global Tenant – Bimbo Bakeries USA operates as a subsidiary of Grupo Bimbo, the largest baking company in the world
- Built-In Rental Increases – The lease features 5% rental increases every five years throughout the base term and option periods
- Strategic Industrial Distribution Facility – The offering includes a ±13,150 SF industrial building on ±3.73 acres
- Excess Land / Value-Add Opportunity – The sale includes an adjacent 2.04-acre Industrial-1 zoned parcel, providing future development potential
FOR SALE DETAILS
PRICE
$3,100,000 USD
PRICE/SF
$194 USD /SF
CAP RATE
6.18%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bimbo Bakeries
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Food Processing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
UTILITIES
Water - City, Sewer - City
CLEAR CEILING HT
-
DOCKS
12
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.77
LAND SF
251,341
ZONING
-
APN/PARCEL ID
17/14/152/013
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773-619-4527
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773-619-4527
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