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1012 Bosch Rd Peoria, IL 61607

Sponsored
For Sale
$3,300,000

Peoria, IL: Industrial NNN Lease, 7 Years Remaining

Property size:
16,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This Peoria, IL, industrial property offers a compelling investment opportunity. The 16,000-square-foot building, constructed in 2016, is situated on a 5.77-acre lot and features 75 parking spaces. Currently 100% occupied by Bimbo Bakeries under an absolute NNN lease with a corporate guarantee, the property boasts a remaining term of 7 years, with scheduled rental increases. The lease provides a stable income stream with minimal landlord responsibilities. The $3,300,000 asking price represents a 5.53% cap rate and a price per square foot of $206.25. The property is zoned Industrial 1 - Light and enjoys a prime location with high visibility near major roadways, including access to State Highway 116 and Interstate 474. The strong retail corridor surrounding the property provides ample amenities for employees. Furthermore, an adjacent 2.04-acre parcel presents a valuable value-add opportunity. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment for passive investors seeking long-term, stable returns. The Net Operating Income (NOI) is $182,522. The property is located at 1012 S Bosch Rd, Peoria, IL 61607.

Property Features for 1012 Bosch Rd

General Information

Property type
Distribution properties
Square Feet
16,000 SF
Lot Size
251,341 SF

Building Details

Year Built
2016
Stories
1

HighLights

  • 7‑Year Remaining Lease Term with Scheduled Rent Increases & Corporate Guarantee.
  • Absolute NNN Lease; Fee Simple Ownership; No Landlord Responsibilities.
  • Strong Demographics within a 5‑Mile Radius; Proximity to Residential Areas.
  • High‑Density Retail Area; Adjacent to National & Regional Retailers; Large 162,000+ SF Parcel with Value‑Add Potential.
  • High‑Visibility Location at a Signalized Intersection.
Property Profile Location Intelligence

Current Use by Public Records

Bimbo Bakeries USA Warehouse

Suggested Use

Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.67662
Latitude
40.677054

FAQs

What type of property is this?
Distribution property - Peoria, IL: Industrial NNN Lease, 7 Years Remaining
Where is this distribution property located?
The property is located at 1012 Bosch Rd Peoria, IL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 7-Year Remaining Lease Term with Scheduled Rent Increases & Corporate Guarantee.; Absolute NNN Lease; Fee Simple Ownership; No Landlord Responsibilities.; Strong Demographics within a 5-Mile Radius; Proximity to Residential Areas.
More about this property
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