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33313913
33313914

111 W Washington St, East Peoria, IL 61611

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$2,083,333
0 days on market
Updated 0 days ago

7 Brew | Huge 1.16 Acre Lot | 2026 Construction

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 510
Net Rentable (SqFt) 510
Cap Rate 6.00%
NOI $125,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dunkin' (+2)
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 07/31/2036
Remaining Term 10.2
Rent Bumps Yes
Lease Options 5 x 5 Years
Year Built 2026
Acreage 1.160
Lease Commencement 08/01/2026
Ground Lease No

Retail | 6.00% CAP | 510 SqFt

Marketing description

Marcus & Millichap is pleased to present a brand-new construction 7 Brew located along West Washington Street in East Peoria, Illinois, positioned directly off Interstate 74 within one of the region’s most active retail and commuter corridors. The property is secured by a long-term NNN ground lease with approximately 10 years remaining, offering investors zero landlord responsibilities and fully passive income backed by Brew Horizons LLC, an experienced multi-unit 7 Brew franchisee operating 37+ locations with plans for 30 additional units.

The site features excellent visibility, dedicated access, and a high-efficiency drive-thru layout designed to capture strong morning and afternoon traffic. Located within a dense retail and employment hub—surrounded by Costco, Walmart Supercenter, Lowe’s, Caterpillar facilities, hotels, and national QSR brands—the property benefits from consistent daily demand and a robust customer base drawn from the broader Peoria MSA. With scheduled 10% rent increases every five years, multiple renewal options, and a rapidly expanding national brand, this offering provides a compelling long-term net-lease investment in a high-growth specialty beverage category.

Investment highlights

  • Brand-New Construction 7 Brew on Massive 1.16 Acre Lot

  • Priced at ~$41/SF of Land While the Smaller 0.80 Acre Developable Lot Directly Across the Street Sold for ~$72/SF of Land to Chase Bank on 7/28/2025 (On Which They Built a Brand New Chase Bank)

  • Surrounded by Major National Tenants Including Costco, Walmart Supercenter, Lowe’s, and Many More

  • Experienced Franchisee (37+ locations with plans for 30 additional units)

  • Long-Term NNN Ground Lease w/ Zero Landlord Responsibilities

  • 10% Rent Increases Every 5 Years

  • Prime East Peoria Retail Corridor Near Interstate 74

Listing Contacts

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$125,000.00
$10,416.67/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Steven Weinstock
License
471.011175
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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