Two-Tenant Retail
New
For Sale
$906,000
1300 Washington Rd, Washington, IL 61571
Two retail occupants have lease terms extending into 2028 and 2029.
Property Size10,300 SF
Lot Size2.53 Acres
Price / SF$87.96
Days on Market2
Property Features for 1300 Washington Rd
General Information
Standard status
Active
Size
10,300 SF
Lot size
2.53 Acres
Property subtype
Discount
Lease Type
NN
Additional Details
Gross Income
$81,600
Tenant in Place
Yes
Amenities
Multi-Tenant Income | Dollar General + Los Cabos generate $81,600 in total annual rent.
Dense Retail Corridor | Surrounded by Walmart, Kroger, McDonald's, Jimmy John's, Verizon, Dunkin', Taco Bell, Culver's, Goodwill and O'Reilly Auto Parts
Large Parcel | 2.53 acres with ample parking and strong underlying real estate.
Building Details
Building Size
10,300 SF
Buildings
1
Tenancy
Multi
Listing Agency:
New York City Office
Listed By:
Avery Darby · License #License(s): NY: 10401398842
(646) 805-1402
Source:
Marcusmillichap
Added: Oct 24
Last Checked: Oct 24 at 3:32PM
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 New York City Office
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Investment Insights
Based on property information with market context.
The 10,300-square-foot retail building at 1300 Washington Road in Washington, Illinois, has two occupied suites. Dollar General operates under an NN lease scheduled to run through December 2028, with four additional five-year options. Los Cabos occupies approximately 1,200 square feet under a lease ending in June 2029.
The property sits on a 2.53-acre parcel in a retail corridor, approximately eight miles east of downtown Peoria.
The property sits on a 2.53-acre parcel in a retail corridor, approximately eight miles east of downtown Peoria.
Key Highlights
- 10,300‑square‑foot, two‑tenant retail building
- 2.53‑acre parcel in a retail corridor
- Dollar General NN lease through December 2028, with four additional 5‑year options
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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Business Placement
Demographics for 61571, IL
24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Two retail occupants have lease terms extending into 2028 and 2029.
Where is this retail space located?
The property is located at 1300 Washington Rd Washington, IL.
What is the asking price?
The asking price for this property is $906,000.
What are key features of this property?
This property features: 10,300‑square‑foot, two‑tenant retail building; 2.53‑acre parcel in a retail corridor; Dollar General NN lease through December 2028, with four additional 5‑year options
