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11162011
11162010

1315 W Commerce Dr, Peoria, IL 61615

DM
IL 475122647
Maloof Commercial Real Estate
DM
IL 471000701
Maloof Commercial Real Estate
Listed by Maloof Commercial Real Estate
$1,652,094
1108 days on market
Updated 3 days ago

1315 W Commerce Drive

Details
Property Type Office
Sub Type Executive Office
Square Footage 12,165
Units 3
Cap Rate 8.5%
NOI $140,428
Occupancy 88%
Tenancy Multi
Lease Type Absolute NNN
Class B
Year Built 2003
Acreage 1.150
Zoning C2

8.5% Cap Rate Investment

Marketing description

Introducing an exceptional investment opportunity in Peoria, IL - 1315 W COMMERCE DRIVE.

This property is now available for sale at a highly competitive price of $1,652,094. Located in the thriving Peoria area, this property offers tremendous potential for investors seeking a profitable venture. Featuring a prime location, this commercial space boasts excellent visibility and accessibility, ensuring maximum exposure for any business.

Complete Highlights: - Strategically situated in a sought-after area of Peoria - High visibility and convenient accessibility - Well-maintained and attractive building exterior - Ample parking space for both employees and customers - Flexible floor plan ideal for a wide range of businesses - Strong tenant profiles and established rental history - Projected impressive net operating income (NOI)

Don't miss out on this incredible opportunity to own a prime commercial property in Peoria. Contact our dedicated team at Maloof Commercial Real Estate today for more information and to schedule a viewing. Take the first step towards securing a profitable investment with 1315 W COMMERCE DRIVE.

Investment highlights

  • 12,165 Sf Multi-Tenant Office Building
  • 88% occupancy with long-term leases in place
  • Two recently signed 10-year leases with renewal options
  • Ample parking for both employees and customers
  • Well maintained and attractive building exterior
  • Broker Owned

Listing Contacts

DM
IL 475122647
Maloof Commercial Real Estate
DM
IL 471000701
Maloof Commercial Real Estate
Listed by Maloof Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,428.00
$11,702.33/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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