Peoria Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Industrial Distribution Warehouse Triple Net Located in Peoria, Illinois. This Opportunity Includes Brand New 5 Year Triple Net (NNN) Lease With 2% Annual Rent Increases and Minimal Landlord Responsibilities.

Brand New 5 Year Triple Net (NNN) Lease With 2% Annual Rent Escalations and Minimal Landlord Responsibilities
51,363 SF Warehouse With 30+ Feet of Ceiling Height Which Allows For Stacking of 30-40’ Containers
The Building Includes 6 Dock-Height Doors as Well as Two Oversized Drive-In Doors For Trailers and Other Machinery to Drive Straight Through the Building End-to-End
Warehouse Sits on 4.6 Acres of Fenced Property With a Large Gravel Lot For Truck and Trailer Parking Which Can Be Used to Expand Warehouse and/or Develop Additional Buildings
Strategically Located Between St. Louis and Chicago For Regional Distribution Purposes
The Building is Serviced By 3-Phase Power – 277 / 480V
2 Levels of Office Space With Approximately 1,400 Square Feet Per Level Which Was Extensively Renovated in 2017
Easy Access For Truckers/Freight as It is Located Less Than 3-Miles From Route 6, Which Connects to the Larger I-74 Highway
Peoria is a Major Distribution Hub and Has a Significant Amount of Barge + Train Terminals Which Are in Immediate Proximity to This Building
Strong Demographics With an Average Household Income of Over $101,372 Within a 3-Miles Radius
Nearby Tenants Include: Red Dot Storage, BMW, Walmart Supercenter, Chevrolet, OSF Healthcare, Advanced Technology Services and More