List Search

7611 N Grand Prairie Dr
Peoria, IL 61615 North Peoria

$10,270,000 USD

Department Store For Sale  •  60,800 SF

Property Details

  • Property Type Department Store
  • Total Building Size 60,800 SF
  • Lot Size 4.41 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning C2
30 Transit Score
40 Walk Score

Highlights

Long-Term Cash Flow Backed by a National Retailer: Corporate Guaranty through July 2038
Upcoming Rent Bump in August 2028
Limited Direct Competition in Hunting & Outdoor Category: Only Retailer within 5 Miles
Complemented by a High Performing Grocery Anchor: HyVee, 1.2M Annual Visits
Minutes to the Louisville Slugger Sports Complex: 600K Annual Visits
Located Within Central Illinois’ Dominant Retail Corridor: 1M SF of Retail
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Academy Sports + Outdoors 60,800 SF 7/31/2038

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
General Downing - Peoria International 16 min - 10.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Michael Kaider CBRE, Inc.
Michael Kaider CBRE, Inc.