Historical Retail Sale Listing - NNN-leased Walgreens store - Peoria, IL

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale, Peoria, IL or Illinois

NNN-leased Walgreens store - Peoria, IL

10613 N. Knoxville Ave, Peoria, IL 61615

N/A

14,820 SF | Retail

  • Print

Retail Property - Off Market

Price:
N/A
Building Size:
14,820 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Construction Status:
Under
Construction/Proposed
Cap Rate:
6.40%
Tenancy:
Single
Year Built:
2012
Lot Size:
1.60 AC
Listing ID
17569950
Last Updated
over 1 year ago

Highlights

  • NNN Leased Single Tenant Walgreens (S&P rated A ) with a brand new 20-year lease; currently under construction with expected delivery in June of 2012
  • New construction will offer investors modern size and layout configuration to meet the changing demands of the Walgreens consumer
  • Ideal commercial location at the center of Peoria' s northern residential growth cell
  • Situated along a busy stretch of Knoxville Ave., the Property benefits from excellent access and visibility with 2 points of egress and ingress
  • Traffic counts of 16,400 vehicles per day

Description

Jones Lang LaSalle is pleased to present for sale, on behalf of Walgreen Company the fee-simple interest in a brand-new Walgreens (S&P rated A ) store subject to a 20-year lease with expected delivery in June of 2012. The Property is situated along a busy stretch of Knoxville Ave, within an affluent residential area in Peoria, IL.

The Property is situated north of downtown Peoria along Knoxville Ave. The Property is located in an affluent residential area with strong average household income of $90,512 that has experienced rapid growth in recent years. The Property has excellent access to major highways 6 and 17 and is also within a short drive of I-74.

Map of 10613 N. Knoxville Ave, Peoria, IL 61615 (Peoria County)

Research for 10613 N. Knoxville Ave, Peoria, IL 61615 (Peoria County)

  • Demographics – Population, income & other demographics near 10613 N. Knoxville Ave
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building