1800 N Knoxville Ave - Retail FOR SALE


Peoria, IL 61603- West Peoria
$1,640,000 USD
630-261-6962
1800 N Knoxville Ave, Peoria, IL for Sale
$1,640,000 USD
Retail - FOR SALE
1/10
null | 6.69% Cap Rate

1800 N Knoxville Ave
Peoria, IL 61603
West Peoria


HIGHLIGHTS

  • BELOW MARKET IN PLACE RENTS | 2.4 YEAR WALT
  • DIVERSE TENANT LINEUP & INCOME STREAM
  • DOMINANT MEDICAL SYSTEM SHADOW ANCHOR | OSF HEALTHCARE
  • DIRECT EXPOSURE TO KNOXVILLE ROAD | PROXIMITY TO INTERSTATE 74
  • 1.5 MILES FROM DOWNTOWN PEORIA | 76% INCREASE IN DAYTIME POPULATION

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in 1800 Knoxville Avenue, Peoria, IL. The offering represents an opportunity to acquire a 100% occupied 7-unit retail building with direct exposure to Knoxville Avenue.

FOR SALE DETAILS

PRICE

$1,640,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

6.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,183 SF

ZONING

-

APN/PARCEL ID

18-04-211-004

ASK ABOUT THIS PROPERTY

Emily GadomskiMid-America Real Estate Corp.More Info
630-261-6962

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Emily GadomskiMid-America Real Estate Corp.More Info
630-261-6962

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