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30066635
30066636

7700 North Grand Prairie Drive, Peoria, IL 61615

DM
IL 475122647
Maloof Commercial Real Estate
Listed by Maloof Commercial Real Estate
$2,969,454
93 days on market
Updated 1 day ago

Shoppes West at Grand Prairie

Details
APN 1311176001
Property Type Office, Retail
Sub Type Shopping Center
Square Footage 22,210
Cap Rate 11.00%
Occupancy 57%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 11%
Pro-Forma NOI $326,640
Price per SqFt $134
Year Built 2003
Buildings 1
Stories 1
Acreage 2.420
Zoning C2
Investment Type Value Add
Ground Lease No

Retail/Office Investment | 22,210 SqFt

Marketing description

Introducing the SHOPPES WEST AT GRAND PRAIRIE located at 7700 - 7730 N. GRAND PRAIRIE DRIVE, PEORIA, IL 61615 - a prime NNN retail/office investment opportunity. This 22,210 sq. ft. property with 14 units offers a mix of retail and office tenants on 2.42 acres of land, conveniently positioned as an outlot of The Shoppes at Grand Prairie. Boasting a large surface parking lot directly accessible to the units, this well-maintained property is a solid investment in the bustling Peoria area. The location's appeal is heightened by its proximity to national retailers, restaurants, and entertainment options. Adjacent to the Louisville Slugger Sports Complex and a short distance from attractions like the Peoria Riverfront Museum and Caterpillar Visitor's Center, this area attracts a steady flow of visitors and local shoppers. With easy access to major roadways and a welcoming residential neighborhood nearby, the SHOPPES WEST AT GRAND PRAIRIE proves to be an attractive choice for both tenants and investors alike.

Investment highlights

22,210 sf NNN Mixed-Use Center center on 2.42 Acres

14 units with a mixture of retail & office tenants

Large surface parking lot with direct access to spaces

Property is an outlot to the Shoppes at Grand Prairie

Well maintained and professionally managed

Offering Memorandum available upon signing CA

Listing Contacts

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

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