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Peoria, IL 61615

Walgreens

Property Address

10613 Knoxville Avenue, Peoria, IL, USA

Offering Summary

  • Price: $4,035,388
  • Lot Size: 1.60 Acres
  • Cap Rate: 7.50%
  • Year Built: 2012
  • Building SF: 14,820
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with Corporate Walgreens Guaranty
  • 9 Years Remaining on Lease Term with Multiple Renewal Options
  • Situated in Retail Corridor Anchored by Schnucks Supermarket - Neighboring Retailers Include McDonald's, Culver's, Domino's Pizza, and Jiffy Lube
  • 48,036 Residents and 20,581 Households within a 5-Mile Radius
  • Affluent Trade Area with $141,000 Average Household Income in the Immediate Area
  • Visible to 17,200 Cars per Day Along Knoxville Avenue
  • Less Than 1 Mile Off the I-474/IL-6 Highway (19,800 Cars per Day)
  • Walgreens FY 2023 Sales Increased 4.8% to $139.1 Billion; Q1 2024 Sales Increased 10% YoY to $36.7 Billion

Broker Information

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