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Lock-Title Storage
Pekin, IL

$1,399,000 USD

Portfolio For Sale • 44,926 SF

2 Properties View all

Property Details

Property Type Unknown
Cap Rate 3.25 %

20 Transit Score

30 Walk Score

                
                    Highlights
                
                                Located between 2nd & 3rd Streets near the Secretary of State's office and Dairy Queen
                            
                                Only minutes to IL State Route 9
                            
                                Other area businesses include Pekin City Hall, the Tazewell County Courthouse, & several office and retail businesses.
                            
                                Fully leased by long-time tenant
                            
                                1,260 sq. ft. office w/ remaining warehouse
                            
                                Currently in year 2 of 4-year lease renewal term

Property Flyers

Lock-Tite Storage

Financial Summary (Actual)

Net Operating Income: $45,408 USD (2023)

Cap Rate:	3.25 %
Total Expenses:	$71,008 USD

Public Transportation

Airport	Drive	Walk	Distance
General Downing - Peoria International	18 min	-	11.5 mi

Jason Miller 309-693-3000 Maloof Commercial Real Estate Co

Lock-Title Storage Pekin, IL