3322 W Willow Knolls Rd - Office FOR SALE


Peoria, IL 61614- North Peoria
$1,350,000 USD
309-590-7900
3322 W Willow Knolls Rd, Peoria, IL for Sale
$1,350,000 USD
Office - FOR SALE
1/23
null | 6.96% Cap Rate

3322 W Willow Knolls Rd
Peoria, IL 61614
North Peoria


OVERVIEW

Invest in a fully leased medical office building with a strong healthcare tenant in place. OSF HealthCare occupies 100% of the property under a triple net (NNN) lease, providing stable and predictable income. The lease has approximately four years remaining, along with an extension option for added long-term security. In 2021, OSF expanded its presence at the property by renovating and incorporating the adjacent suite, ultimately occupying the entire building. The property benefits from its prime location along Willow Knolls Drive, offering excellent visibility and accessibility within a well-established commercial corridor.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

6.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,000 SF

ZONING

Commercial

APN/PARCEL ID

13-12-426-032,13-12-426-033

ASK ABOUT THIS PROPERTY

309-590-7900

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309-590-7900

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