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Single-Tenant NNN Plasma Facility
For Sale
Contact for pricing
Pending

1902 N Sheridan Rd, Peoria, IL 61604

Purpose-built facility with lease term through December 2027 and three additional five-year renewal options.

Property Size12,163 SF
Days on Market141

Property Features for 1902 N Sheridan Rd

General Information

Standard status Pending
Size 12,163 SF
Property subtype Office, Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2016
Buildings 1
Building Size 12,163 SF
Tenancy Single
Owner Occupied No
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:55PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This single-tenant NNN property contains a 12,163-square-foot plasma collection facility at 1902 N Sheridan Rd in Peoria, Illinois. The present building was completed in 2016 after the prior structure was removed. The lease runs through December 2027, includes 2.5% annual increases during the primary term, and provides three five-year renewal options.

The property occupies a signalized intersection at Sheridan Road and Nebraska Avenue, where the combined traffic count is 12,900 vehicles per day. Interstate 74 is immediately nearby and records 47,300 vehicles per day. Two hospitals—OSF St. Francis Medical Center and Carle Health Methodist Hospital—are within one mile northwest, with 649 and 272 beds, respectively. Bradley University and Peoria High School are also nearby, serving 5,400 and 1,500 students.

Key Highlights

  • 12,163‑square‑foot single‑tenant plasma collection facility completed in 2016
  • NNN lease extends through December 2027 with 2.5% annual rental escalations
  • Three 5‑year renewal options included in the lease

Property Analytics

Current Use

Grifols Talecris - Plasma ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Auto Parts Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Purpose-built facility with lease term through December 2027 and three additional five-year renewal options.
Where is this nnn property located?
The property is located at 1902 N Sheridan Rd Peoria, IL.
What are key features of this property?
This property features: 12,163‑square‑foot single‑tenant plasma collection facility completed in 2016; NNN lease extends through December 2027 with 2.5% annual rental escalations; Three 5‑year renewal options included in the lease
(847) 562-0003 Call to check price and availability
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