Property profile

125 Thunderbird Ln East Peoria, IL 61611

FOR LEASE
Warehouses
Property ID
US28-2348963
9,666 SF 4.38 ac lot Built 1998
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional East Peoria industrial property offers six available spaces, perfect for a variety of businesses. Located conveniently off Route 116/Caterpillar Trail, near the McCluggage Bridge, this Class B building provides easy access to major transportation routes. The 15,000 square foot building is zoned I1 and features a shared loading dock with forklift access for efficient loading and unloading of trucks. Units range in size from 600 to 5,480 square feet, catering to diverse operational needs. Tenants benefit from heavy electrical power and high ceilings, enhancing productivity and flexibility. Furthermore, a common forklift and scissor lift are available at no additional cost, significantly reducing operational expenses. This multi-tenant property, situated in Tazewell County, presents a compelling opportunity for businesses seeking functional and well-located industrial space. The shared amenities and convenient location make this an ideal choice for companies seeking efficiency and accessibility. The property's strategic location and robust infrastructure ensure seamless operations and contribute to a positive business environment. Contact us today to learn more about the available units and lease terms.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1998
Total area 9,666 SF
Lot 4.38 ac (190,793 SF)
APN 01-01-14-100-010
UPID US28-2348963

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
  • Building Supply General Contractor
  • Production Facility
  • Auto Parts Store Motorcycle Shop
  • Auto Repair Shop
  • Business Service Center Corporate Office

Location

125 Thunderbird Ln East Peoria, IL 61611
East Peoria metro Census 20100 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.93M

Owner & transaction history

since 2022
Last sale
$6.8M
6 recorded transactions
2022
$6.4M
2022
Price N/A
2021
Price N/A
2017
Price N/A
2006
Price N/A
1996
$180,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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