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4820 N University St
Peoria, IL 61614 North Peoria

$2,245,000 USD

Freestanding For Sale  •  1,982 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,982 SF
  • Lot Size 0.48 AC
  • Building Class C
  • Year Built 2005
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning Commercial
30 Transit Score
60 Walk Score

Highlights

- Trophy Drive-Thru Starbucks With 20+ Year Operational History
- Investment-Grade Corporate Net Lease With Recent 5-Year Extension
- Outparcel To Schnucks Grocery Anchored Center Surrounded By National QSR Retail Tenants
- Hard Corner Visibility At Major Intersection (± 41,000 VPD)
- Attractive $2.2M Basis Investment
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 12/9/2015

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
General Downing - Peoria International 19 min - 11.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Scott Reid 949-942-6585 ParaSell, Inc.
Scott Reid 949-942-6585 ParaSell, Inc.