4712 N University St - Retail FOR SALE


Peoria, IL 61614- North Peoria
$1,800,000 USD
630-954-7336
4712 N University St, Peoria, IL for Sale
$1,800,000 USD
Retail - FOR SALE
1/8
null | 6.91% Cap Rate

4712 N University St
Peoria, IL 61614
North Peoria


HIGHLIGHTS

  • PROMINENT RETAIL LOCATION 4712 North University Street is strategically positioned in one of the most dense and strong demographic commercial areas of
  • NATIONAL TENANT LINEUP The subject offering features a stable tenant base of national restaurant users featuring a weighted average lease term of near
  • ESTABLISHED DEMOGRAPHIC PROFILE | 113.7K RESIDENTS WITHIN A 5-MILE RADIUS SEASONAL CUSTOMER INFLUX Given its position in the Peoria regional trade are
  • DOMINANT GROCERY SHADOW ANCHOR The subject offering is shadow anchored by a traffic-driving Schnucks that receives over 655,500 annual visits (Placer.

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in 4712 North University Street, Peoria, IL. The offering represents an opportunity to acquire a two-tenant outlot building occupied by Noodles & Company and Dog Haus positioned next to Metro Centre, a historic community shopping center.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

6.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Noodles & Company and Dog Haus

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14-20-401-045

ASK ABOUT THIS PROPERTY

Ben WinemanMid-America Real Estate Corp.More Info
630-954-7336

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Ben WinemanMid-America Real Estate Corp.More Info
630-954-7336

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