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    FOR LEASE
    Warehouses

    125 Thunderbird Ln, East Peoria, IL 61611

    9,666 SF 4.38 ac lot Built 1998
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US28-2348963
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Thunderbird Commerce Park LLC · 4 yrs held
    Thunderbird Commerce Park LLC
    since 2022
    Last sale
    $6.8M
    6 recorded transactions
    2022
    $6.4M
    2022
    2021
    2017
    2006
    1996
    $180,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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