1012 S Bosch Rd Peoria, IL
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Absolute NNN lease with zero landlord responsibilities in Peoria MSA.
Type:INDUSTRIAL
Property size:
16,000 SFLot size:
5.77 AcresPrice / SF:
$206/SF- Added:
- Oct 24, 2024
- Days on Market:
- 552
- Last Refresh:
- Apr 5 at 10:05 pm
Property Features for 1012 S Bosch Rd
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Lot size
- 5.77 Acres
- Property subtype
- INDUSTRIAL
Listing agent Tyler Isbell License #CA 01732226 (214) 560-3145
Listing office SRS Real Estate Partners - Corporate (214) 560-3145
Listing date Oct 24, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Corporate
Overview
Freestanding Bimbo Bakeries Investment Property
This offering presents the opportunity to acquire a fee simple interest in a freestanding Bimbo Bakeries investment property in Bellevue, Illinois, within the Peoria MSA. The property features an absolute NNN lease with Bimbo Bakeries USA, Inc., with 7 years of firm term remaining and 3 (5-year) option periods. The lease, signed by the corporate entity, includes 5% rental increases every 5 years throughout the initial term and options. The property is an ideal, management-free investment opportunity for a passive investor. Bimbo Bakeries USA, Inc., founded in 1998, is the largest commercial baking company in the U.S. with 59 bakeries, over 700 sales centers, and 20,000 associates, and is part of Grupo Bimbo, the world’s largest baking company with operations in 34 countries. The offering includes a 16,000 square foot industrial building situated on a 3.73-acre lot, providing ample space for business operations. In addition, the offering includes the adjacent parcel, an ideal value-add opportunity consisting of 2.04 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bimbo Bakeries USA
Warehouse & Storage
Similar Places Nearby
- Peoria Storage Center Bellevue — 6014 Enterprize Rd, Bellevue, IL 61604
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6768
- Latitude
- 40.677
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Absolute NNN lease with zero landlord responsibilities in Peoria MSA.
Where is this warehouse located?
The property is located at 1012 S Bosch Rd Peoria, IL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, offering a management‑free investment.; Corporate‑backed lease by Bimbo Bakeries USA, Inc.; 7 years of firm term remaining with 3 (5‑year) option periods, ensuring long‑term income.
