Retail NNN Lease at Peru
For Sale
Contact for pricing
4234 Mahoney Dr, Peru, IL 61354
20-year absolute NNN retail lease backed by a regional operator with corporate guarantee near Highway 251 and I-80 access.
Property Size5,180 SF
Price / SF$651.54
Days on Market56
Property Features for 4234 Mahoney Dr
General Information
Standard status
Active
Size
5,180 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Commercial Plus
(480) 622-0050
Listed By:
Alexander Pavone
Source:
Moodyscre
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 22 at 4:05AM
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 Commercial Plus
Investment Insights
Based on property information with market context.
The property is a retail space offered on a 20-year absolute NNN lease with no landlord duties. The ownership structure is designed to support a hands-off ownership experience while the lease is in place. The offering is also presented with an income and tax strategy that includes accelerated depreciation to target first-year tax efficiency, supported by a corporate guarantee from a regional operator.
Located as part of Peru Mall in LaSalle County, the site benefits from commercial activity tied to a regional shopping destination. Visibility and accessibility are supported by exposure to Highway 251, with direct access to I-80 intended to serve both commuter and regional traffic patterns.
This asset can be well suited for investors seeking a long-term, lease-backed retail hold with an absolute NNN structure and documented operator credit support. The deal is also described as capable of optional aggregation with additional sites for those looking to build scale and diversification within a larger portfolio.
Located as part of Peru Mall in LaSalle County, the site benefits from commercial activity tied to a regional shopping destination. Visibility and accessibility are supported by exposure to Highway 251, with direct access to I-80 intended to serve both commuter and regional traffic patterns.
This asset can be well suited for investors seeking a long-term, lease-backed retail hold with an absolute NNN structure and documented operator credit support. The deal is also described as capable of optional aggregation with additional sites for those looking to build scale and diversification within a larger portfolio.
Key Highlights
- 20‑year absolute NNN retail lease with no landlord duties
- Backed by a strong regional operator with a corporate guarantee
- Accelerated depreciation to maximize first‑year tax efficiency
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
332k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 29%
Superstores 25%
Shops & Services 20%
Dining 14%
Target
Superstores
61,004 visits/mo
0.4 miles
Menards
Home Improvements & Furnishings
43,418 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
27,172 visits/mo
0.4 miles
Rural King
Home Improvements & Furnishings
25,499 visits/mo
0.1 miles
Big Lots
Superstores
22,019 visits/mo
0.2 miles
Demographics for 61354, IL
10,447
Population
5,111
Households
2
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
42.6 sq mi
ZIP Area
245
Density / Sq Mi
$69,382
Median Household Income
$45,114
Median Earnings
$877
Median Rent
$160,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - 20-year absolute NNN retail lease backed by a regional operator with corporate guarantee near Highway 251 and I-80 access.
Where is this nnn property located?
The property is located at 4234 Mahoney Dr Peru, IL.
What is the asking price?
The asking price for this property is $3,375,000.
What are key features of this property?
This property features: 20‑year absolute NNN retail lease with no landlord duties; Backed by a strong regional operator with a corporate guarantee; Accelerated depreciation to maximize first‑year tax efficiency
