Cadence Academy 3006 N Main St 9,486 SF Retail Building East Peoria, IL 61611 $1,592,186 ($167.85/SF) 7.11% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase Cadence Academy, a single tenant investment property located at 3006 N Main Street in East Peoria, Illinois (the “Property”). Cadence Academy has been at this location since 2016 and has 5+ years remaining on their lease with two (2) 5-year renewal options. The lease calls for attractive 1.5% annual rental increases throughout the primary term and both renewal option periods.
Cadence Academy occupies a highly desirable location benefiting from excellent visibility, accessibility, and proximity to the area's primary residential and employment centers. The Property is strategically positioned along North Main Street (US Route 24 & 150), one of East Peoria's principal commercial corridors, and is just minutes from Interstate 74 and Interstate 474, providing convenient access throughout the Peoria metropolitan area. This central location allows the facility to draw families from East Peoria, Peoria, Washington, Morton, Creve Coeur, and other surrounding communities. The Property is surrounded by established residential neighborhoods and is located near major retail, healthcare, and employment destinations, creating a strong base of working families that rely on high-quality childcare and early education services.
The immediate trade area is supported by several of the region's largest employers, including Caterpillar, OSF HealthCare, Carle Health, Bradley University, and a variety of manufacturing, logistics, and professional service firms throughout the Peoria MSA. East Peoria's strong employment base generates consistent demand for childcare services, particularly among dual-income households seeking convenient care options near home or work. The Property also benefits from proximity to East Peoria Community High School, Illinois Central College, and numerous public and private elementary schools, further reinforcing its position within a family-oriented community. With excellent regional connectivity, a stable economic foundation, and a large concentration of families with young children, Cadence Academy is well positioned to support long-term occupancy and continued demand for early childhood education services.