330 N Western Ave | Peoria, IL 61604
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330 N Western Ave
Peoria, IL 61604
Retail Property For Sale
Investment Highlights
- Corporate guaranteed lease with the parent company being Dollar Tree (DLTR) Moody’s Baa2 rating.
- Near Bradley University, I-74, Walgreens, McDonald’s, KFC, Advance Auto, and many other retailers.
- 10,834sf freestanding building on a 0.63-acre corner lot.
- Future redevelopment opportunity.
Executive Summary
Prime investment opportunity. NN lease with publicly traded parent company.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,834 SF
Building Class
C
Year Built/Renovated
1970/1993
Price
£495,050
Price Per SF
£46
Net Initial Yield
7.04%
NOI
£34,851
Tenancy
Single
Number of Floors
1
Building FAR
0.39
Lot Size
0.63 AC
Zoning
CN - Neighborhood/Commercial Distric
Parking
35 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Corner Lot
- Pylon Sign
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 18-08-151-001 | Improvements Assessment | £89,750 |
| Land Assessment | £32,768 | Total Assessment | £122,519 |
PROPERTY TAXES
Parcel Number
18-08-151-001
Land Assessment
£32,768
Improvements Assessment
£89,750
Total Assessment
£122,519
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