Knoxville Plaza
$899,000
2014-2016 N. Knoxville Ave., Peoria, IL 61603
6,119 sqft
Building Size
0.84 acres
Lot Area
Details:
Highlights:
- 6,119 SF NNN Retail/Office Center
- Built in 1995, renovated in 2016
- Zoned CG General Commercial District
- 55.5% occupancy
- Landlord responsible for structural & roof
- Abundant shared parking for tenants and patrons
- Excellent visibility and high traffic counts
- Owner willing to provide up to 1-year leaseback option
Description:
Introducing a prime investment opportunity at 2014-2016 N. Knoxville Ave., Peoria, IL. This 6,119 SF building, comprising 3 units, offers a lucrative prospect for office building investors. Built in 1995 and recently renovated in 2016, the property is well-maintained and zoned as a CG General Commercial District. Currently boasting a 55.5% occupancy rate, it presents a solid foundation for future growth. With NNN Retail/Office Center attributes, abundant parking, high visibility, and monument signage on Knoxville Avenue, this property is designed to attract tenants. Furthermore, the owner is willing to provide a convenient up to 1-year leaseback option, adding an attractive incentive for potential buyers.
Located less than a mile from OSF St. Francis Medical Center, OSF Healthcare Children's Hospital of Illinois, Carle Health Methodist Hospital, and Ronald McDonald House Charities of Central Illinois. This location is surrounded by established residential neighborhoods, office/retail complexes, and restaurant establishments.
Documents:
| Title | ||
|---|---|---|
| 2016A Knoxville Lease | ||
| 2014-2016_Knoxville_Sale.pdf |
Location
Gallery