1610 36TH ST Peru, IL 61354

Building Details

Year Built

1971

Listing Agency Northmarq Capital, LLC Show Phone

Listed by Chad Byerly · License #OK 155856

Source Crexi

Added: May 26 Checked: Jul 17 at 4:29 am

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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 Northmarq Capital, LLC

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Investment Insights

Based on property information with market context.

The property is a fully occupied shopping center located in Peru, Illinois. It features approximately 106,649 square feet of retail space and is situated on a 10.81-acre lot. The multi-tenant retail center is 100% occupied by a mix of tenants, including Dunham's Sports, Ollie's Bargain Outlet, Harbor Freight, Planet Fitness, and Cricket Wireless. All tenants operate under net lease agreements with rents as low as $3.75 per square foot. The leases include rental increases throughout the base term or during the option periods. Peru, Illinois, is a regional hub in the Illinois Valley, approximately 90 miles southwest of Chicago, with a diversified economy supported by retail, logistics, manufacturing, and healthcare.

Key Highlights

• 100% Occupied Shopping Center
• Strong Retail Mix: anchored by Dunham's Sports, Ollie's Bargain Outlet, Harbor Freight, Planet Fitness, and Cricket Wireless
• Net Lease Agreements with rents as low as $3.75 per square foot

Property Analytics

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FAQs

What type of property is this?

Shopping center - 100% occupied, 106,649 SF shopping center for sale.

Where is this shopping center located?

The property is located at 1610 36TH ST Peru, IL.

What is the asking price?

The asking price for this property is $7,283,000.

What are key features of this property?

This property features: 100% Occupied Shopping Center; Strong Retail Mix: anchored by Dunham's Sports, Ollie's Bargain Outlet, Harbor Freight, Planet Fitness, and Cricket Wireless; Net Lease Agreements with rents as low as $3.75 per square foot