Family Dollar Retail
For Sale
Contact for pricing
Pending
3116 North Sterling Avenue, Peoria, IL 61604
Family Dollar property offered for sale with a 10-year double-net lease and annual rent of $118,546.
Property Size12,500 SF
Lot Size1.63 Acres
Days on Market133
Property Features for 3116 North Sterling Avenue
General Information
Standard status
Pending
Size
12,500 SF
Lot size
1.63 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 20 at 6:45AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents this Family Dollar retail property for sale. The asset includes approximately 12,500 square feet of building space and sits on about 1.63 acres of land. The property is subject to a 10-year double-net (NN) lease.
The current annual rent is $118,546, and the lease includes 10 percent rental increases in each option period.
The current annual rent is $118,546, and the lease includes 10 percent rental increases in each option period.
Key Highlights
- Family Dollar building with 12,500 SF located at 3116 N Sterling Ave in Peoria, IL
- Approximately 1.63 acres of land
- Subject to a 10‑year double‑net (NN) lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 28%
Shops & Services 27%
Electronics 8%
Kroger
Groceries
28,464 visits/mo
0.1 miles
Taco Bell
Dining
15,839 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
10,063 visits/mo
0.1 miles
Dollar General
Shops & Services
7,084 visits/mo
0.4 miles
Little Caesars Pizza
Dining
5,949 visits/mo
0.2 miles
Demographics for 61604, IL
29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
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?
Grocery and convenience store - Family Dollar property offered for sale with a 10-year double-net lease and annual rent of $118,546.
Where is this grocery and convenience store located?
The property is located at 3116 North Sterling Avenue Peoria, IL.
What are key features of this property?
This property features: Family Dollar building with 12,500 SF located at 3116 N Sterling Ave in Peoria, IL; Approximately 1.63 acres of land; Subject to a 10‑year double‑net (NN) lease
