1600 Main St Peoria, IL 61606

This exceptional investment opportunity presents a portfolio of five strategically located retail properties, totaling 71,691 square feet, currently 100% occupied by a mix of nationally recognized tenants including Dollar General, Walgreens, CVS Pharmacy, Family Dollar, Rite Aid, and Good Neighbor Pharmacy. The portfolio boasts a weighted average remaining lease term of approximately 11 years, secured by absolute NNN leases with credit-rated tenants and corporate guarantees, providing exceptional stability and predictable cash flow. The properties, built between 2008 and 2010, are classified as Class B and feature a combined 350 parking spaces. Located across four states – Illinois, Michigan, Minnesota, and North Carolina – these properties benefit from high visibility and strong demographics. The portfolio generates a substantial net operating income (NOI) of $2,093,680, representing an attractive 8.65% capitalization rate on the asking price of $24,205,000. Lot sizes range from 1.22 to 2.29 acres. This is a rare opportunity to acquire a diversified, high-performing retail portfolio with significant long-term growth potential. The portfolio is offered as a 1031 exchange opportunity. All locations feature drive-thru capabilities.