Metro Centre - Building 8
$2,710,000
4700 North University Street, Peoria, IL 61614
For Sale
Retail
Neighborhood Center
Active
Last Updated: 06/11/2025
8.25
Cap Rate
223,297
NOI
Details:
Cap Rate: 8.25%
NOI: $223,297
Building Size: 20,600 sqft
Occupancy: 91%
Tenancy: Multiple
Highlights:
- UPSIDE POTENTIAL | BELOW MARKET LEASES
- COMPLEMENTARY LOCAL TENANT LINEUP
- PROMINENT RETAIL LOCATION
- ESTABLISHED DEMOGRAPHIC PROFILE | 113.7K RESIDENTS WITHIN A 5-MILE RADIUS | SEASONAL CUSTOMER INFLUX
- DOMINANT GROCERY SHADOW ANCHOR
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Metro Centre – Building 8 (Suites 60-68), Peoria, IL. The offering represents an opportunity to acquire a freestanding 91% leased multi-tenant retail building positioned in the center of Metro Centre, a historic community shopping center.
Documents:
| Title | ||
|---|---|---|
| 4700_N_University_Street__Building_8_-_Flyer.pdf | ||
|
4700_N_University_Street__Building_8_-_OM.pdf
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
