Investment Overview
Introducing a prime investment opportunity at 2014-2016 N. Knoxville Ave., Peoria, IL. This 6,119 SF building, comprising 3 units, offers a lucrative prospect for office building investors. Built in 1995 and recently renovated in 2016, the property is well-maintained and zoned as a CG General Commercial District. Currently boasting a 55.5% occupancy rate, it presents a solid foundation for future growth. With NNN Retail/Office Center attributes, abundant parking, high visibility, and monument signage on Knoxville Avenue, this property is designed to attract tenants. Furthermore, the owner is willing to provide a convenient up to 1-year leaseback option, adding an attractive incentive for potential buyers.
Investment Highlights
- 6,119 SF NNN Retail/Office Center
- Built in 1995, renovated in 2016
- Zoned CG General Commercial District
- 55.5% occupancy
- Landlord responsible for structural & roof
- Abundant shared parking for tenants and patrons
- Excellent visibility and high traffic counts
- Owner willing to provide up to 1-year leaseback option