Description
Investment property that is currently fully leased by a single tenant who pays utilities and maintains sidewalks in winter. Tenant is in the first year of a three year lease extension, with a three year extension option at its conclusion. Tenant is a long established non-profit in the Peoria area. Non Disclosure Agreement (NDA) required to review financials/lease and for showings. There is also a static billboard generating ~$1000/per year. The building was remodeled starting in 2019 and includes new carpet, ceiling tiles, sump pumps, basement dewatering system, new concrete and parking lot resurfacing, 2 of 4 AC units, 1 of 4 furnaces, ADA compliant restrooms, and new windows in 2022. Due to the confidential nature of the tenants, please do not access the premises without an appointment.
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0BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment property that is currently fully leased by a single tenant who pays utilities and maintains sidewalks in winter. Tenant is in the first year of a three year lease extension, with a three year extension option at its conclusion. Tenant is a long established non-profit in the Peoria area. Non Disclosure Agreement (NDA) required to review financials/lease and for showings. There is also a static billboard generating ~$1000/per year. The building was remodeled starting in 2019 and includes new carpet, ceiling tiles, sump pumps, basement dewatering system, new concrete and parking lot resurfacing, 2 of 4 AC units, 1 of 4 furnaces, ADA compliant restrooms, and new windows in 2022. Due to the confidential nature of the tenants, please do not access the premises without an appointment.
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