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    OFF-MARKET
    Office Spaces

    2014 Knoxville Ave, Peoria, IL 61603

    6,119 SF 0.84 ac lot Built 1995
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Freeway Insurance Insurance Agency
    Value estimations
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    Permitted uses
    Allowed · conditional · prohibited
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