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Jimmy John's, Merle Norma Cosmetics, The Popcorn Shop

$1,280,000

4700 North University Street, Peoria, IL 61614

Active
Last Updated: 01/21/2025

7

Cap Rate

89,740

NOI

Details:
Cap Rate:    7%
NOI:    $89,740
Building Size:    4,971 sqft
Lot Area:    1.29 acres
Occupancy:    100%
Tenancy:    Multiple
Highlights:
  • RARE DRIVE-THRU OPPORTUNITY | HIGH PERFORMING JIMMY JOHN’S
  • BELOW MARKET LEASES | MARK TO MARKET OPPORTUNITY
  • 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 4700 North University Street Suite 40-44, Peoria, IL. The offering represents an opportunity to acquire a freestanding 100% leased three-tenant retail building positioned in the center of Metro Centre, a historic community shopping center

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Documents:
Title
4700_North_University_Street_Suites_40-44_-_Flyer.pdf
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4700_North_University_Street_Suites_40-44_-_OM.pdf
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