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111 W Washington St
East Peoria, IL 61611
7 Brew | 2026 Construction · Office Property For Sale

Investment Highlights

  • Brand-New Construction 7 Brew on Massive 1.16 Acre Lot
  • Surrounded by Major National Tenants Including Costco, Walmart Supercenter, Lowe’s, and Many More
  • Long-Term NNN Ground Lease w/ Zero Landlord Responsibilities
  • Priced at ~$41/SF of Land While the Smaller 0.80 Acre Developable Lot Directly Across the Street Sold for ~$72/SF of Land to Chase Bank on 7/28/2025
  • Experienced Franchisee (37+ locations with plans for 30 additional units)
  • 10% Rent Increases Every 5 Years

Executive Summary

Marcus & Millichap is pleased to present a brand-new construction 7 Brew located along West Washington Street in East Peoria, Illinois, positioned directly off Interstate 74 within one of the region’s most active retail and commuter corridors. The property is secured by a long-term NNN ground lease with approximately 10 years remaining, offering investors zero landlord responsibilities and fully passive income backed by Brew Horizons LLC, an experienced multi-unit 7 Brew franchisee operating 37+ locations with plans for 30 additional units.
The site features excellent visibility, dedicated access, and a high-efficiency drive-thru layout designed to capture strong morning and afternoon traffic. Located within a dense retail and employment hub—surrounded by Costco, Walmart Supercenter, Lowe’s, Caterpillar facilities, hotels, and national QSR brands—the property benefits from consistent daily demand and a robust customer base drawn from the broader Peoria MSA. With scheduled 10% rent increases every five years, multiple renewal options, and a rapidly expanding national brand, this offering provides a compelling long-term net-lease investment in a high-growth specialty beverage category.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
510 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Typical Floor Size
510 SF
Building FAR
0.01
Lot Size
1.16 AC
Zoning
commercial

Amenities

  • Bus Line
  • Property Manager on Site
  • Signage
  • Central Heating

Property Taxes

Property Taxes

Parcel Number
01-01-32-405-020
Land Assessment
$210,704 CAD
Improvements Assessment
$346,358 CAD
Total Assessment
$557,063 CAD
  • Listing ID: 40837739

  • Date on Market: 2026-06-08

  • Last Updated:

  • Address: 111 W Washington St, East Peoria, IL 61611

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