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1012 S Bosch Rd Peoria, IL 61607

For Sale
$3,300,000

Absolute NNN lease with zero landlord responsibilities in Peoria MSA.

Property size:
16,000 SF
Lot size:
5.77 Acres

Property Features for 1012 S Bosch Rd

General Information

Size
16,000 SF
Lot size
5.77 Acres

Source: SRS Real Estate Partners - Corporate Agent Tyler Isbell

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


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.
Insight Report Location Intelligence

Current Use by Public Records

Bimbo Bakeries USA Warehouse

Suggested Use

Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Department Store

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

Similar Places Nearby

Peoria Storage Center Bellevue

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6767509
Latitude
40.6770402

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.
More about this property
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