330 Western AvePeoria, IL 61606
High-Yield Family Dollar Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- $625,000 asking price for a 10,834 square foot net-leased Family Dollar convenience store/grocery store in Peoria, IL.
- 7.04% cap rate with a $44,000 annual NOI.
- Corporate-guaranteed lease with Dollar Tree (DLTR), Moody's Baa2 rating; 4.1 years remaining on a lease expiring 12/31/2028 with a 1-5 year renewal option.
- Located on a 0.63-acre corner lot at 330 N Western Ave, Peoria, IL 61606, near Bradley University and other major retailers.
- 1993-built, 1-story building renovated in 2024.
Property Details for 330 Western Ave
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 10,834 SF
- Class
- C
- Year Built/Renovated
- 1993/2024
- Buildings
- 1
- Stories
- 1
- Units
- 1
Location Insight
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Latitude
- 40.6923122
- Longitude
- -89.6225146
Nearby Similar for Sale
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