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845 Broadway St
Pekin, IL 61554

$1,334,661 USD

Freestanding For Sale  •  10,566 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,566 SF
  • Lot Size 1.5 AC
  • Building Class B
  • Year Built 2014
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
73 Walk Score

Highlights

Attractive 8% return on a stabilized investment grade credit tenant.
This store ranked in the top 84th percentile in Illinois (108/676 locations) in July 2024 (ALPHAMAPS).
Pekin, IL is the largest city in Tazewell County, with a population of ±40,959 within a 5-mile radius. Just ±10 miles south of Peoria, IL, has a total
Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
Dollar General boasts an investment-grade credit rating of BBB (S&P).
Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
Cap Rate: 8.00 %

Public Transportation

AirportDriveWalkDistance
General Downing - Peoria International 18 min - 11.8 mi
Meghan Carroll 949-200-7903 Matthews Real Estate Investment Services
Meghan Carroll 949-200-7903 Matthews Real Estate Investment Services