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Schnucks 1001 Court St 53,404 SF Retail Building Pekin, IL 61554 $4,658,883 CAD ($87.24 CAD/SF) 6.40% Cap Rate

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INVESTMENT HIGHLIGHTS

Part of the larger Schnucks Portfolio (8 Assets in MO & IL) - Seller is encouraging individual and portfolio offers.
Positioned with excellent access and visibility along Court Street (13,700 VPD), which serves as Pekin's main east-west artery.
Within Pekin's primary retail and commercial corridor with 4.6 MSF of retail, 1.1 MSF of industrial and 2,108 multifamily units within 3-miles.

Located 9 miles south of downtown Peoria, IL.
Immediately adjacent to a DaVita Dialysis and McDonald's and is directly across the street from CVS and AutoZone.
Peoria, IL MSA (MSA Population: 360,543+).

EXECUTIVE SUMMARY

The CBRE Net Lease Property Group is pleased to offer for sale the 53,404-square-foot Schnucks grocery store positioned on 4.78 acres in Pekin, IL — part of the Peoria, IL MSA (MSA Population: 360,543+). Schnucks absolute NNN lease has ±11.5 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options. The property is part of the larger Schnucks Portfolio, which consists of eight assets in Missouri and Illinois. The seller is highly encouraging individual and portfolio offers.