3485 Court St - Fast Food FOR SALE


Pekin, IL 61554
$1,150,000 USD
219-864-0200
3485 Court St, Pekin, IL for Sale
$1,150,000 USD
Fast Food - FOR SALE
1/12
null | Request Cap Rate

3485 Court St
Pekin, IL 61554


HIGHLIGHTS

  • Freestanding drive-thru restaurant built in 2020
  • Fully equipped kitchen for immediate operation
  • Located on Court Street with high daily traffic
  • Outlot to Harbor Freight, Dunham’s Sports, and ALDI
  • Surrounded by national retailers in a vibrant trade area
  • Strong household income within 1-mile radius ($97,065)

OVERVIEW

Positioned on the high-traffic corridor of Court Street in Pekin, Illinois, this freestanding former quick-service restaurant (QSR) presents a prime opportunity for investors or operators seeking immediate market entry. Built in 2020 and spanning 2,275 square feet on a 0.84-acre parcel, the property is fully equipped with kitchen infrastructure and a drive-thru, minimizing startup costs for a new tenant or owner-user. Strategically located as an outlot to Harbor Freight, Dunham’s Sports, and ALDI, the site benefits from consistent foot and vehicle traffic. The surrounding trade area is anchored by a robust mix of national retailers including Starbucks, Menards, Hobby Lobby, Wendy’s, Culver’s, and Petco, reinforcing the location’s retail vitality. The property’s visibility and accessibility are further enhanced by its placement along Court Street, one of Pekin’s most traveled thoroughfares. Pekin, the county seat of Tazewell County, is a key component of the Peoria metropolitan area. With a population of over 31,000, the city offers a diversified economic base spanning manufacturing, agriculture, and logistics. Its proximity to Peoria and access to rail, river, and highway infrastructure make it a compelling location for commercial investment. This asset is ideal for a variety of retail or food service concepts seeking a turnkey solution in a thriving regional market.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

B-3

APN/PARCEL ID

11-11-07-308-007

ASK ABOUT THIS PROPERTY

Myles RapchakLatitude Commercial Real EstateMore Info
219-864-0200

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

Myles RapchakLatitude Commercial Real EstateMore Info
219-864-0200

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