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    FOR SALE
    Commercial real estate

    9118 N Lindbergh Dr, Peoria, IL 61615

    1.35 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-2511516
    Property summary
    AI-generated overview

    This exceptional 4,193 square foot Class B medical office building, located at 9118 N. Lindbergh Drive in Peoria, Illinois, presents a compelling investment opportunity. Currently 100% occupied by a dermatology practice under a triple net (NNN) lease, this single-tenant property boasts a strong five-year lease renewal in place, ensuring consistent cash flow. The building features multiple exam rooms, a welcoming reception area, private offices to accommodate various needs, and ample parking for both patients and staff. A covered entry provides convenient and sheltered access, while a dedicated storage/maintenance room adds to the property's functionality. Situated on a 1.347-acre lot, the attractive brick building offers significant potential for long-term growth and stability. The asking price is $700,000, translating to a price per square foot of $166.94. This Peoria County property (zip code 61615) represents a rare chance to acquire a well-maintained, fully occupied medical office building with a secure lease and excellent potential for return on investment. The property's prime location and strong tenant occupancy make it an attractive addition to any investment portfolio.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.35 ac (58,806 SF)
    APN 09-32-455-003
    UPID US28-2511516
    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
    Current use
    Occupant on record · Public records
    • Ashley Worthington Physician
    • Dermatology & Mohs Surgery Institute Physician Medical Clinic
    • Knoxville Square Grocery & Convenience Store Food Market
    • Dr. Jeffrey K. Mckenna, MD Physician Medical Clinic
    • Megan Glenn, MMS, PA-C Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    UNITY POINT HEALTHMETHODIST
    UNITY POINT HEALTHMETHODIST
    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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