- Photos
- 1 of 15
Storefront For Sale • 21,323 SF
| High-Yield Retail Asset with Value-Add Upside: 98K+ SF shopping center on 12.59 acres. Currently 70% leased, offering significant lease-up potential. |
| Anchor Tenant: Learning Care Group(Childtime): Credit-grade tenant backed by Learning Care Group. Lease extends through 2031 with 18K SF leased. |
| Institutional Grade Co-Tenants: National brands include AMC Theaters, Dollar General, and Papa John's, ensuring consistent foot traffic. |
| Two City Approved Shovel Ready Out Lot Pads: 4500K SF with drive thru along Route 8 and up to 30K SF along Summit Rd. |
| Enterprise Zone and TIF Incentives: Up to 20% cost reimbursement for qualified improvements or development, along with real estate tax freeze |
| Post-COVID Leasing Recovery Upside: 90% Occupancy pre-COVID. Stabilized pro-forma NOI at 90% occ. exceeds $540K, offering clear path to higher returns |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| General Downing - Peoria International | 27 min | - | 13.3 mi |
| Central Il Regional/Bloomington-Normal | 65 min | - | 43.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 113 |
| Type: | Surface |
| Included in Rent: | Yes |
