1101 W Bird Blvd
Peoria, IL 61615 North Peoria

$2,377,000 USD

Restaurant For Sale • 5,331 SF

Property Details

Property Type Restaurant
Total Building Size 5,226 SF
Lot Size 1.15 AC
Building Class B
Year Built 2000
Tenancy Single
Zoning C

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                Corporate Panera Lease | Operating Since 2003 | New 10-Year Term Through Dec 2033 Demonstrates Long-Term Tenant Commitment
                            
                                Placer.ai Ranked 79th Percentile Nationwide | Strong Foot Traffic and Proven Store Performance
                            
                                Double Net Lease | Limited Landlord Responsibilities | 10% Rent Increases Every 5 Years With Next Escalation in Jan 2029
                            
                                Prime Retail Corridor | ±19,600 VPD | Surrounded by National Retailers Including Dunkin’, Ace Hardware, Subway & Hardee’s
                            
                                Affluent Trade Area | Avg HH Income $100K+ | Market Anchored by Caterpillar, OSF HealthCare & Bradley University
                            
                                ±5,226 SF Drive-Thru Restaurant on ±1.15 Acres | Strong Visibility and Access Along Peoria’s Dominant Retail Corridor