3440 Court St | Pekin, IL 61554
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3440 Court St
Pekin, IL 61554
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Operating History – Bob Evans has been operating at this location for over 20 years, showing their commitment to this store.
- Long-Term Lease – ±13 Years of lease remaining on term, investors can benefit from an extended period of predictable rental income.
- National Tenant – The company operates over 440 locations in 18 states, mostly in the Midwest, Mid-Atlantic, and Southeastern United States.
- Ideal Demographics – Average Household Income of $75,000 in a 5 mile radius, desirable for a casual dining chain.
- Absolute Triple Net (NNN) Lease – Absolute NNN lease with zero landlord responsibilities.
- Rare Rental Escalations – The lease features attractive 2% annual escalations, providing a strong hedge against inflation.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,858 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.99 AC
Frontage
183’ on Court St
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 11-11-07-307-011 | Improvements Assessment | $205,340 |
| Land Assessment | $103,420 | Total Assessment | $308,760 |
PROPERTY TAXES
Parcel Number
11-11-07-307-011
Land Assessment
$103,420
Improvements Assessment
$205,340
Total Assessment
$308,760
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
