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Sunset Plaza 2910-2996 Court St 59,982 SF 74% Leased Retail Building Pekin, IL 61554 $4,364,000 ($72.76/SF) 9.23% Cap Rate



Investment Highlights
- Significant Upside Potential
- Operating Expense Protection
- High Traffic Counts
- Attractive Rent Increases
- Strategic Retail Location
- Strong Demographics
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Artistic Flowers
- Retailer
- -
- -
- Modified Gross
- Sep 2016
At Audibel, they know the importance of hearing because they see how it impacts people every day. Helping people hear better is all they do. It’s all they’ve ever done. Hearing is their passion, their focus and their purpose. People Hear – Hearing is as unique as every person. That is why they customize hearing journeys around their customers. Hearing one's best impacts all aspects of life. The best hearing solution keeps people connected to their community and enjoying the details of each moment.
Career Link is a workforce development organization dedicated to strengthening the workforce of Central Illinois. Operating through the Illinois workNet Center of Peoria, Career Link provides job search assistance, education support, training, and additional resources to residents and employers across Fulton, Marshall, Mason, McLean, Stark, Tazewell, and Woodford counties
- Dept. Of Conservation
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- -
- -
- -
- -
- Happening
- Services
- -
- -
- -
- -
- Home Health
- Health Care and Social Assistance
- -
- -
- Full Service
- Jan 2016
The Illinois Department of Human Services is a state government agency responsible for administering a wide range of social and human services programs. Established in 1997, the department was created to consolidate and streamline access to services for residents facing economic hardship, disabilities, or other challenges to self-sufficiency. IDHS oversees programs related to food assistance, healthcare, mental health, developmental disabilities, rehabilitation, and early childhood services. Headquartered in Springfield, Illinois, the agency operates under the jurisdiction of the State of Illinois and is led by a Secretary appointed by the Governor. IDHS is publicly funded and does not trade on any stock exchange, as it is a government entity.
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- Retailer
- -
- -
- Modified Gross
- Oct 2017
Merle Norman Cosmetics is a privately held cosmetics company founded in 1931 in Santa Monica, California by Merle Nethercutt Norman. The company began with three core products—Cleansing Cream, Miracol, and Powder Base Foundation—formulated in Norman’s kitchen. It quickly expanded into a franchise model, empowering women to own and operate studios across the U.S. and Canada. Today, Merle Norman develops, manufactures, and distributes its own line of skincare and color cosmetics from its headquarters in Los Angeles. The company operates independently owned studios and maintains a strong presence in North America and select international markets.
- Waterbed Creation
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- -
- -
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Artistic Flowers | Retailer | - | - | Modified Gross | Sep 2016 | |
|
Retailer | - | - | - | - | |
|
Health Care and Social Assistance | - | - | Modified Gross | - | |
| Dept. Of Conservation | - | - | - | - | - | |
| Happening | Services | - | - | - | - | |
| Home Health | Health Care and Social Assistance | - | - | Full Service | Jan 2016 | |
|
Public Administration | - | $9.20 | Plus Utilities and Cleaning | Oct 2012 | |
|
Retailer | - | - | Modified Gross | Oct 2017 | |
|
Retailer | - | - | - | - | |
| Waterbed Creation | - | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This corner retail/office space at Sunset Plaza on Court Street in Pekin is ready for a new business to lease! Clean, ready to go unit with loads of natural light, ample parking, and high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza. This unit is currently built out with a single office space, restroom and open retail space in the main area with cabinets and a sink.
This retail/office space with storage/warehouse space at Sunset Plaza on Court Street in Pekin is ready for a new business to lease! Owners will add a garage door if negotiated in lease. The plaza features ample parking, and high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza. This unit is currently built out with a lobby/reception area, two office spaces, warehouse space, a work area that could be converted into additional offices, and access to common area restrooms.
This former government services office space at Sunset Plaza on Court Street in Pekin is ready for a new business to move in and lease! Clean, ready to go unit with ample parking, high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza.
This retail/office space at Sunset Plaza on Court Street in Pekin is ready for a renovation and new tenants. T.I. is negotiable to get this unit prepared for your business' use and features ample parking, high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza. This unit is currently built out with several storage rooms and a restroom.
| Space | Size | Space Use | Position | Available |
| 2926 | 1,258 SF | Retail | - | Now |
| 2950 | 1,907 SF | Retail | - | Now |
| 2970 | 3,663 SF | Retail | - | Now |
| 2982 | 1,300 SF | Retail | - | Now |
2926
| Size |
| 1,258 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2950
| Size |
| 1,907 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2970
| Size |
| 3,663 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2982
| Size |
| 1,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2926
| Size | 1,258 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This corner retail/office space at Sunset Plaza on Court Street in Pekin is ready for a new business to lease! Clean, ready to go unit with loads of natural light, ample parking, and high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza. This unit is currently built out with a single office space, restroom and open retail space in the main area with cabinets and a sink.
2950
| Size | 1,907 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This retail/office space with storage/warehouse space at Sunset Plaza on Court Street in Pekin is ready for a new business to lease! Owners will add a garage door if negotiated in lease. The plaza features ample parking, and high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza. This unit is currently built out with a lobby/reception area, two office spaces, warehouse space, a work area that could be converted into additional offices, and access to common area restrooms.
2970
| Size | 3,663 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This former government services office space at Sunset Plaza on Court Street in Pekin is ready for a new business to move in and lease! Clean, ready to go unit with ample parking, high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza.
2982
| Size | 1,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This retail/office space at Sunset Plaza on Court Street in Pekin is ready for a renovation and new tenants. T.I. is negotiable to get this unit prepared for your business' use and features ample parking, high traffic counts on Court Street (15,000+ ADT) and destination traffic throughout the plaza. This unit is currently built out with several storage rooms and a restroom.
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-10-12-216-020 | Improvements Assessment | $399,040 |
| Land Assessment | $417,630 | Total Assessment | $816,670 |
Property Taxes
Contact the Sale Advisor
Sunset Plaza | 2910-2996 Court St
