East Peoria Business Complex FOR SALE


East Peoria, IL
$6,950,000 USD
317-437-6544
, East Peoria, IL for Sale
$6,950,000 USD
FOR SALE
1/8
null | 7.85% Cap Rate

East Peoria Business Complex
East Peoria, IL


HIGHLIGHTS

  • Value Add: Eight Building (33 Units) Small Bay Flex Portfolio Comprised of 146,414 SF on 12.32 Acres; Mark to Market Short Term Leases (WALT: 2.73 YR)
  • Credit Tenant Anchors: SiteOne (NYSE:SITE); Water Solutions Unlimited (NASDAQ:HWKN); Ferguson Columbia Pipe (NYSE:FERG)
  • 0% Industrial Flex Submarket Vacancy; Average Flex Market Rent is $8.12/SF NNN (CoStar); Subject Property Portfolio Average Rent: $5.02/SF
  • 86% of GLA Now NNN Leased | Many Tenants have been Located Here for Over 20 Years Showing Commitment to this Location; Average Unit Size of 5,000 SF
  • East Peoria is home to Global Manufacturers and Leading Healthcare Systems: OSF Healthcare, Carle Health, Caterpillar, Komatsu, Morton Industries
  • Ideally Located with Ease of Access to I-74 and I-474. Five Miles to Amenity Rich Levee District Mixed Use Retail and Entertainment District

OVERVIEW

Marcus & Millichap is pleased to exclusively present for sale an eight-building, 146,414-square-foot flex industrial portfolio located in the East Peoria Business Center. Spanning 12.32 acres across three parcels, this portfolio includes a mix of single-tenant net lease (STNL) and multi-tenant buildings, currently 97.56 percent occupied by 29 tenants across 33 suites. The tenancy is anchored by nationally recognized credit tenants, including SiteOne Landscape Supply (NYSE: SITE), Ferguson (NYSE: FERG) and Water Solutions Unlimited (NASDAQ: HWKN). Ideally located with ease of access to I-74 and I-474. Five miles to amenity rich Levee District mixed use retail and entertainment district. Educated Workforce in Community: Bradley University (Enrollment: 4,800) and Illinois Central College (Enrollment: 19,929) 10 Mile Radius Demos: Population: 227,957; Average Household Income: $99,688; 12 Percent Daytime Population Increase Cost of Living 6 Percent Below National Average (Payscale, November 2025).

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Julia EvingerMarcus & MillichapMore Info
317-437-6544

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Julia EvingerMarcus & MillichapMore Info
317-437-6544

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