Property profile

2014 Knoxville Ave Peoria, IL 61603

OFF-MARKET
Office Spaces
6,119 SF 0.84 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional 4,500 square foot restaurant space is ideally located in The Village at Hendrix, an award-winning New Urbanism development in Conway, Arkansas, within Faulkner County. Situated on the ground floor of a four-story mixed-use building, this end-cap unit boasts excellent visibility near the Harkrider Street roundabout, ensuring high foot traffic and brand recognition. The property offers ample outdoor seating options with a dedicated patio area and access to green space within the square. The lease rate is $12.00 per square foot, triple net (NNN), with NNN expenses estimated at $4.00 per square foot. Abundant parking is available with 250+ spots readily accessible to patrons. This prime location benefits from its proximity to Hendrix College and is surrounded by a thriving mix of single-family homes, multi-family residences, office spaces, retail establishments, and hotels. Easy access to Interstate 40 provides convenient access for customers and employees alike. The space is perfect for a restaurant seeking a vibrant and established location within a dynamic community. This is a single-tenant space within a bustling mixed-use development, offering a unique opportunity for a successful restaurant venture.

Property profile

Verified
Property type Office Spaces
Year built 1995
Total area 6,119 SF
Lot 0.84 ac (36,590 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

2014 Knoxville Ave Peoria, IL 61603
Peoria metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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