1001-1105 Derby St | Pekin, IL 61554
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- LoopNet Team
1001-1105 Derby St
Pekin, IL 61554
Value-Add Neighborhood Center with Cash Flow · Retail Property For Sale
Investment Highlights
- Cash-flowing neighborhood center offering a local and national tenant mix as well as a substantial lease upside in a high-demand submarket.
- Reachable from Highways 9 and 29 in under 5 minutes and Interstate 74, 474, and 155 in roughly 10 to 15 minutes, delivering strong regional traffic.
- Built-in customer base from nearby hotspots, including UnityPoint Health Hospital, Veterans Memorial Arena, and several highly rated golf courses.
- Hard-corner lot with three unique access points, high-exposure pylon signage visible to over 21,000 daily vehicles, and 129 on-site parking stalls.
- Just 1 mile from the Court Street Commercial Corridor, offering a wealth of traffic-driving restaurants, shops, art galleries, and public parks.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
43,835 SF
Building Class
C
Year Built
1966
Percent Leased
39%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
3.12 AC
Parcel Numbers
Zoning
C - Commercial
Parking
129 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
591’ on Derby Street
Amenities
- Pylon Sign
- Signage
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Videos
Matterport 3D Exterior
Matterport 3D Tour
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