Drive-Through Coffee Shop with NNN
For Sale
$2,083,333
111 West Washington Street, East Peoria, IL 61611
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 Market87
Property Features for 111 West Washington Street
General Information
Standard status
Active
Size
510 SF
Lot size
1.16 Acres
Property subtype
Restaurant
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6%
Amenities
Brand-New Construction 7 Brew on Massive 1.16 Acre Lot
Priced at ~$41/SF of Land While the Smaller 0.80 Acre Developable Lot Directly Across the Street Sold for ~$72/SF of Land to Chase Bank on 7/28/2025 (On Which They Built a Brand New Chase Bank)
Surrounded by Major National Tenants Including Costco, Walmart Supercenter, Lowe's, and Many More
Experienced Franchisee (37+ locations with plans for 30 additional units)
Long-Term NNN Ground Lease w/ Zero Landlord Responsibilities
10% Rent Increases Every 5 Years
Prime East Peoria Retail Corridor Near Interstate 74
Building Details
Building Size
510 SF
Year Built
2026
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source:
Marcusmillichap
Added: Jun 11
Changed: Sep 5
Last Checked: Sep 5 at 4:02AM
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
649k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Superstores 19%
Shops & Services 17%
Apparel 12%
Costco Wholesale
Superstores
123,405 visits/mo
0.4 miles
Kohl's
Apparel
63,294 visits/mo
0.3 miles
Chick-fil-A
Dining
53,096 visits/mo
0.3 miles
Costco Gasoline
Shops & Services
44,047 visits/mo
0.3 miles
Kroger
Groceries
43,538 visits/mo
0.1 miles
Demographics for 61611, IL
23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
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?
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
