3116 North Sterling Avenue Peoria, IL 61604

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 10 Updated: Jul 20 at 5:58PM Checked: Jul 20 at 5:58PM

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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.

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

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FAQs

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