2014 Knoxville Ave Peoria, IL 61603
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Freeway Insurance / Insurance Agency
Property Details for 2014 Knoxville Ave
- Year built
- 1995
- Lot size
- 0.84 lot acres
- Property size
- 6,119 SF
- Property type
- Office Spaces
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.5933
- Latitude
- 40.712
