4100 W Willow Knolls Dr, Peoria, IL 61615
2,980 SF commercial building on a prime corner.
- Added:
- Jul 12, 2022
- Days on Market:
- 1456
- Last Refresh:
- Jul 5 at 10:04 am
Property Features for 4100 W Willow Knolls Dr
General Information
- Standard status
- Active
- Size
- 2,980 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1993
Listing office Joseph & Camper Commercial (309) 643-0717
Listing date Jul 12, 2022
Source Crexi
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 Joseph & Camper Commercial
HighLights
- Prime hard corner location at Willow Knolls and War Memorial Drive/US Route 150
- Freestanding 2,980 SF commercial building
- Anchored by Sam’s Club, Kohls, and Willow Knolls Theatre
- Former bank branch with open lobby, teller stations, vault, and viewing rooms
- Located adjacent to Applebees, Olive Garden, and Office Depot
- Built in 1993
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.6k | $21.00 |
| − Vacancy | −$11.3k | −$3.78 |
| EGI | $51.3k | $17.22 |
| − OpEx | −$12.8k | −$4.31 |
| NOI | $38.5k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.654914
- Latitude
- 40.776069
