Listed by Joseph & Camper Commercial
$1,049,000
137 Radio City Drive
Details
Property Type Retail, Office
Sub Type Restaurant, Bar
Square Footage 10,465
Cap Rate 7.20%
NOI $75,496
Occupancy 68%
Tenancy Multi
Lease Type NNN
Year Built 2002
Buildings 1
Acreage 1.000
Zoning B2
Ground Lease No
10,465 SF Multi-Tenant Retail/Office Building - Investment & Lease Opportunity
Investment highlights
Retail/Office Investment & Lease Opportunity
10,465 SF Multi-Tenant Retail/Office Building
1,200-2,100 SF for Lease
137 Radio City Drive offers the opportunity to acquire a neighborhood retail strip center in an established commercial corridor in Pekin, IL. Strategically positioned with convenient access to surrounding residential neighborhoods and major thoroughfares, the property benefits from consistent local traffic and strong community-oriented retail demand.
Listing Contacts
Listed by Joseph & Camper Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,496.16
$6,291.35/mo
Valuation Metrics
0
DSCR
7.2%
Cap Rate
7.2%
ROI
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