408-510-9057
111 W Washington St, East Peoria, IL for Sale
Fast Food - FOR SALE
1/3
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111 W Washington St
East Peoria, IL 61611


HIGHLIGHTS

  • Brand-New Construction 7 Brew on Massive 1.16 Acre Lot
  • Priced at ~$41/SF of Land While the Smaller 0.80 Acre Developable Lot Directly Across the Street Sold for ~$72/SF of Land to Chase Bank on 7/28/2025
  • Surrounded by Major National Tenants Including Costco, Walmart Supercenter, Lowe’s, and Many More
  • Experienced Franchisee (37+ locations with plans for 30 additional units)
  • Long-Term NNN Ground Lease w/ Zero Landlord Responsibilities
  • 10% Rent Increases Every 5 Years

OVERVIEW

Marcus & Millichap is pleased to present a brand-new construction 7 Brew located along West Washington Street in East Peoria, Illinois, positioned directly off Interstate 74 within one of the region’s most active retail and commuter corridors. The property is secured by a long-term NNN ground lease with approximately 10 years remaining, offering investors zero landlord responsibilities and fully passive income backed by Brew Horizons LLC, an experienced multi-unit 7 Brew franchisee operating 37+ locations with plans for 30 additional units. The site features excellent visibility, dedicated access, and a high-efficiency drive-thru layout designed to capture strong morning and afternoon traffic. Located within a dense retail and employment hub—surrounded by Costco, Walmart Supercenter, Lowe’s, Caterpillar facilities, hotels, and national QSR brands—the property benefits from consistent daily demand and a robust customer base drawn from the broader Peoria MSA. With scheduled 10% rent increases every five years, multiple renewal options, and a rapidly expanding national brand, this offering provides a compelling long-term net-lease investment in a high-growth specialty beverage category.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew | 2026 Construction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

01-01-32-405-020

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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