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Property profile

3718 Prospect Rd Peoria, IL 61614

OFF-MARKET
Retail properties & Spaces
11,952 SF Built 2006
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Property summary

AI-generated overview

This exceptional 1,275 square foot retail/office space is located within the thriving Prospect Crossing Shopping Center in Peoria County. Built in 2006, this single-tenant property boasts a Class B rating and offers premium visibility due to its location within a high-traffic area, experiencing 47,500 cars per day. The space is part of a larger 11,952 square foot building, featuring one story and a total of one building. The property's ideal location ensures high foot traffic and excellent brand exposure. This space is perfect for a variety of businesses, including but not limited to insurance agencies, investment firms, or small retail operations. The property benefits from the established presence of strong national and local tenants such as Meineke, Starbucks, Pizza Hut, Jimmy Johns, and Athletico Physical Therapy, creating a synergistic and desirable retail environment. The single-tenant occupancy provides a streamlined and efficient operational structure. This is a rare opportunity to secure a well-positioned retail/office space in a highly sought-after location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 11,952 SF

Cap rate & NOI

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

Location

3718 Prospect Rd Peoria, IL 61614
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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