3628 N. University St. - Fast Food FOR SALE


Peoria, IL 61604- West Peoria
$2,999,000 USD
858-373-3174
3628 N. University St., Peoria, IL for Sale
$2,999,000 USD
Fast Food - FOR SALE
1/6
null | 5.5% Cap Rate

3628 N. University St.
Peoria, IL 61604
West Peoria


HIGHLIGHTS

  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty (NYSE: Bros), 1,203+ Locations in 25 States and $1.64 Billion in Revenue
  • 3rd Largest Coffee Chain in U.S. and Projected to Open 2,029 Locations by 2029
  • Industry Leading Average Unit Volume of $2.16 Million, 19 Consecutive Years of Same-Store Sales Growth
  • Brand-New High-Quality Construction with Dual Drive-Thru
  • Serving Over 113,000 Residents in the Heart of the Peoria Trade Area

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$2,365 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

14-29-401-021

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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