Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

East Peoria Business Complex 8 Properties Offered at $6,950,000 in East Peoria, IL

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Value Add: Eight Building (33 Units) Small Bay Flex Portfolio Comprised of 146,414 SF on 12.32 Acres; Mark to Market Short Term Leases (WALT: 2.73 YR)
  • 0% Industrial Flex Submarket Vacancy; Average Flex Market Rent is $8.12/SF NNN (CoStar); Subject Property Portfolio Average Rent: $5.02/SF
  • East Peoria is home to Global Manufacturers and Leading Healthcare Systems: OSF Healthcare, Carle Health, Caterpillar, Komatsu, Morton Industries
  • Credit Tenant Anchors: SiteOne (NYSE:SITE); Water Solutions Unlimited (NASDAQ:HWKN); Ferguson Columbia Pipe (NYSE:FERG)
  • 86% of GLA Now NNN Leased | Many Tenants have been Located Here for Over 20 Years Showing Commitment to this Location; Average Unit Size of 5,000 SF
  • Ideally Located with Ease of Access to I-74 and I-474. Five Miles to Amenity Rich Levee District Mixed Use Retail and Entertainment District

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to exclusively present for sale an eight-building, 146,414-square-foot flex industrial portfolio located in the East Peoria Business Center. Spanning 12.32 acres across three parcels, this portfolio includes a mix of single-tenant net lease (STNL) and multi-tenant buildings, currently 97.56 percent occupied by 29 tenants across 33 suites. The tenancy is anchored by nationally recognized credit tenants, including SiteOne Landscape Supply (NYSE: SITE), Ferguson (NYSE: FERG) and Water Solutions Unlimited (NASDAQ: HWKN).
Ideally located with ease of access to I-74 and I-474. Five miles to amenity rich Levee District mixed use retail and entertainment district.
Educated Workforce in Community: Bradley University (Enrollment: 4,800) and Illinois Central College (Enrollment: 19,929)
10 Mile Radius Demos: Population: 227,957; Average Household Income: $99,688; 12 Percent Daytime Population Increase Cost of Living 6 Percent Below National Average (Payscale, November 2025).

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,950,000
Price / SF $47.44 / SF
Cap Rate 7.85%
Sale Type Investment NNN
Status Under Contract
Number of Properties 8
Individually For Sale 0
Total Building Size 146,516 SF
Total Land Area 41.54 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Building 2
125 Thunderbird Ln, East Peoria, IL 61611
Flex 18,325 SF 2000 -
177 Thunderbird Ln, East Peoria, IL 61611 Flex 7,500 SF 2000 -
125 Thunderbird Ln, East Peoria, IL 61611 Industrial 75,206 SF 2007 -
153 Thunderbird Ln, East Peoria, IL 61611 Industrial 11,000 SF 2000 -
128 Thunderbird Ln, East Peoria, IL 61611 Industrial 10,785 SF 2009 -
148 Thunderbird Ln, East Peoria, IL 61611 Industrial 9,200 SF 2000 -
136 Thunderbird Ln, East Peoria, IL 61611 Industrial 7,500 SF 2000 -
144 Thunderbird Ln, East Peoria, IL 61611 Industrial 7,000 SF - -
Show More > < Show Less
  • Listing ID: 37440166

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: East Peoria Business Complex, East Peoria, IL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}