For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1100 West Glen Ave Peoria, IL 61614

Loading data...
Loading data...
Loading data...
For Sale
$1,365,000

NNN property with investment grade tenant and stable income.

Property size:
29,377 SF

Property Features for 1100 West Glen Ave

General Information

Size
29,377 SF

Source: Nick Kohlmann Agent Nick Kohlmann

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

PNC Bank Ground Lease

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

PNC Bank Bank PNC Mortgage Mortgage Lender FedEx Drop Box Mailing Service PNC ATM Atm Digital Forensics Computer Security Service

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6081758
Latitude
40.7459758

FAQs

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 Ave 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message