OFFERING SUMMARY:
PRICE: $2,521,000
CAP RATE: 9.00%
NOI: $226,842
BUILDING SIZE: 49,540 Sq Ft
YEAR BUILT | RENOVATED: 1965 | 2023
LOT SIZE: +/- 1.94 Acres
DOWNLOAD DOCUMENT:
HIGHLIGHTS:
- Recent Building Expansion – Goddard Logistics, Inc (71% of GLA)
- Long Term Leases with Uncapped Annual CPI Increases for all Tenants
- Adjacent to The Levee District in East Peoria
- Peoria is the Largest City on the Illinois River
EXCLUSIVELY LISTED BY:
Dominic Sulo
Senior Managing Director Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com
ILLINOIS BOR
Steven Weinstock
Lic #471.011175