Drive-Through Coffee Shop with NNN
111 West Washington Street East Peoria, IL 61611
111 West Washington Street, East Peoria, IL, 61611
$2,083,333
For Sale
$2,083,333
Brand-new 7 Brew Coffee with a drive-thru and long-term NNN ground lease with approximately 10 years remaining.
Property Size510 SF
Lot Size1.16 Acres
Price / SF$4,084
Days on Market42
Property Features for 111 West Washington Street
General Information
- Standard status
- Active
- Size
- 510 SF
- Lot size
- 1.16 Acres
- Property subtype
- Restaurant
Listing agency
Marcus & Millichap - Los Angeles
(310) 909-2394
Listed by
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source
Marcusmillichap
Added: Jun 11 Updated: Jul 21 at 12:49PM Checked: Jul 21 at 12:49PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Marcus & Millichap presents a brand-new 7 Brew Coffee featuring a drive-through layout. The property is secured by a long-term NNN ground lease with approximately 10 years remaining.
Located at 111 West Washington Street in East Peoria, Illinois, the site is positioned directly off Interstate 74 along West Washington Street within a dense retail and employment corridor. Nearby and surrounding businesses cited in the offering include Costco, Walmart Supercenter, Lowe’s, Caterpillar facilities, hotels, and national QSR brands.
The lease is backed by Brew Horizons LLC, an experienced multi-unit 7 Brew franchisee operating 37+ locations with plans for additional units. The rent schedule calls for scheduled 10% rent increases every five years, along with multiple renewal options.
Located at 111 West Washington Street in East Peoria, Illinois, the site is positioned directly off Interstate 74 along West Washington Street within a dense retail and employment corridor. Nearby and surrounding businesses cited in the offering include Costco, Walmart Supercenter, Lowe’s, Caterpillar facilities, hotels, and national QSR brands.
The lease is backed by Brew Horizons LLC, an experienced multi-unit 7 Brew franchisee operating 37+ locations with plans for additional units. The rent schedule calls for scheduled 10% rent increases every five years, along with multiple renewal options.
Key Highlights
- Brand‑new 7 Brew Coffee with a drive‑thru along West Washington Street in East Peoria, Illinois
- Long‑term NNN ground lease with approximately 10 years remaining
- About 10% scheduled rent increases every five years
Property Analytics
Location Intelligence
Current Use by Public Records
Coffee shops
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Brand-new 7 Brew Coffee with a drive-thru and long-term NNN ground lease with approximately 10 years remaining.
Where is this nnn property located?
The property is located at 111 West Washington Street East Peoria, IL.
What is the asking price?
The asking price for this property is $2,083,333.
What are key features of this property?
This property features: Brand‑new 7 Brew Coffee with a drive‑thru along West Washington Street in East Peoria, Illinois; Long‑term NNN ground lease with approximately 10 years remaining; About 10% scheduled rent increases every five years
