Verizon | OneMain Financial | New Lease Extensions |… — Sale in Pekin, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Pekin, IL 61554
- Year built: 2006
Photos
Investment Figures
- Cap rate
- 8.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present a Verizon & OneMain Financial located in Pekin, Illinois (Peoria MSA) Outparcel to East Court Village (+/- 405,000-Square-Foot Shopping Center). Investment Highlights: • Long Term Lease Extensions – OneMain Financial (10 Years) & Verizon (Five Years) • Outparcel to Brand New Redevelopment with Ross Dress for Less, Marshalls, and Five Below • Fully Occupied Center with 90 Percent National Retailers • Pekin is Located Within the Peoria MSA
Market Context
This retail in Pekin, IL is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2006. Compare it against other retail listings for sale in Pekin, IL — view the full market.
Contact
- Dominic Sulo · (630) 570-2171 · dsulo@marcusmillichap.com
- Dean Giannakopoulos · (312) 327-5423 · dean.giannakopoulos@marcusmillichap.com
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