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710 High Point Ln 3,750 SF Industrial Building East Peoria, IL 61611 $700,000 ($186.67/SF) 5.69% Cap Rate
Investment Highlights
- Logistics-Driven Tenant Demand Fundamentals
- Corporate Lease Structure
- Strategic Transportation Location
- Functional Site with Scalable Utility
- High Barrier-to-Entry Industrial Outdoor Storage Use
- Essential Use Supporting Supply Chain
Executive Summary
Long-Term Tenant Occupancy - Penske has operated at this location since 2006 showing strong commitment to the location. They have exercised 3 options with no objections to rental increases or lease renegotiation. Attractive Price Point with Stable Income. Offered at $700,000 with a 5.68% cap rate, providing accessible entry into a corporate net lease investment. Built-In Rental Growth - Lease features rental increases (approximately 9%+ at option), supporting long-term income
appreciation.
appreciation.
Property Facts
| Price | $700,000 | Lot Size | 4.58 AC |
| Price Per SF | $186.67 | Rentable Building Area | 3,750 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.69% | Year Built | 1975 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B |
| Price | $700,000 |
| Price Per SF | $186.67 |
| Sale Type | Investment |
| Cap Rate | 5.69% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 4.58 AC |
| Rentable Building Area | 3,750 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Signage
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 05-05-04-400-004 | Improvements Assessment | $33,740 |
| Land Assessment | $70,390 | Total Assessment | $104,130 |
Property Taxes
Parcel Number
05-05-04-400-004
Land Assessment
$70,390
Improvements Assessment
$33,740
Total Assessment
$104,130
Contacts
-
Divon Shammami -
Sal Yaldo -
Ayson Shammami -
APEX Commercial Real Estate Advisors
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710 High Point Ln
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