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1800 N Knoxville Ave
Peoria, IL 61603
POPEYES | 5.75% Cap | 20YR NNN | Corner Lot · Retail Property For Sale
Investment Highlights
- Excellent Guaranty and Strong Sales | Operated by The Dhanani Group (Largest Popeyes Franchisee, 1,297+ Units)
- Brand New 20-Year Triple Net (NNN) Lease with 10% Rental Increases Every Five (5) Years to Commence at Closing
- Large Population of 70,000+ Within 3-Mile Radius of Property
- Healthy Rent-to-Sales Ratio
- Positioned on a Spacious 0.81-Acre Lot at a Signalized Intersection on Knoxville Avenue in the Vicinity of Major Medical Centers
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,335 SF
Building Class
C
Year Built/Renovated
2000/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.82 AC
Parking
21 Spaces (8.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 18-04-211-001 | Improvements Assessment | $206,180 |
| Land Assessment | $91,110 | Total Assessment | $297,290 |
Property Taxes
Parcel Number
18-04-211-001
Land Assessment
$91,110
Improvements Assessment
$206,180
Total Assessment
$297,290
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