PNC Bank Ground
For Sale
$1,365,000
1100 West Glen Avenue, Peoria, IL 61614
NNN property with investment grade tenant and stable income.
Property Size29,377 SF
Price / SF$46.46
Days on Market333
Property Features for 1100 West Glen Avenue
General Information
Standard status
Active
Size
29,377 SF
Net Operating Income
$75,000
Building Details
Building Size
29,377 SF
Listing Agency:
Mid-America Real Estate
(630) 954-7329
Listed By:
Nick Kohlmann
Source:
Midamericagrp
Added: Sep 12, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:03PM
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 Mid-America Real Estate
Investment Insights
Based on property information with market context.
This property is a ground lease with a zero landlord responsibility lease structure. The tenant is PNC Bank, which has an investment grade credit profile, with an A rating from S&P and A2 from Moody’s. The base rent is $75,000 annually, and there are 7.8 years of lease term remaining. The property size is 29377 square feet. The property can be classified as a bank, individual retail property, retail property, NNN property, or specialty property.
Key Highlights
- Investment grade credit profile (A rating from S&P, A2 from Moody’s) ensures income reliability.
- Zero landlord responsibility lease structure simplifies ownership.
- Existing PNC Bank ground lease provides immediate income stream.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
273k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 27%
Shops & Services 24%
Apparel 5%
Kroger
Groceries
31,272 visits/mo
0.4 miles
Schnucks
Groceries
27,814 visits/mo
0.1 miles
Chili's Grill & Bar
Dining
25,059 visits/mo
0.2 miles
Culver's
Dining
24,558 visits/mo
0.2 miles
CEFCU
Shops & Services
16,853 visits/mo
0.5 miles
Demographics for 61614, IL
27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - NNN property with investment grade tenant and stable income.
Where is this bank located?
The property is located at 1100 West Glen Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $1,365,000.
What are key features of this property?
This property features: Investment grade credit profile (A rating from S&P, A2 from Moody’s) ensures income reliability.; Zero landlord responsibility lease structure simplifies ownership.; Existing PNC Bank ground lease provides immediate income stream.
