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1800 N Knoxville Ave
Peoria, IL 61603
Midtown Shopping Plaza · Retail Property For Sale
Investment Highlights
- BELOW MARKET IN PLACE RENTS | 2.4 YEAR WALT
- DOMINANT MEDICAL SYSTEM SHADOW ANCHOR | OSF HEALTHCARE
- 1.5 MILES FROM DOWNTOWN PEORIA | 76% INCREASE IN DAYTIME POPULATION
- DIVERSE TENANT LINEUP & INCOME STREAM
- DIRECT EXPOSURE TO KNOXVILLE ROAD | PROXIMITY TO INTERSTATE 74
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in 1800 Knoxville Avenue, Peoria, IL. The offering represents an opportunity to acquire a 100% occupied 7-unit retail building with direct exposure to Knoxville Avenue.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,900 SF
Building Class
B
Year Built
2005
Price
$2,244,816 CAD
Price Per SF
$252.23 CAD
Cap Rate
6.69%
NOI
$150,145 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.02
Lot Size
9.00 AC
Zoning
C-1
Parking
616 Spaces (69.21 Spaces per 1,000 SF Leased)
Frontage
822’ on N Knoxville Ave
Amenities
- Freeway Visibility
- Pylon Sign
Property Taxes
| Parcel Numbers | Improvements Assessment | $312,830 CAD | |
| Land Assessment | $138,487 CAD | Total Assessment | $451,317 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$138,487 CAD
Improvements Assessment
$312,830 CAD
Total Assessment
$451,317 CAD
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