Sunset Plaza

2910-2982 Court St Pekin, IL 61554

FOR SALE
Property Type:
Strip Center
Amount:
$2,200,000
Last Verified:
Jan 14, 2022

Highlights

  • Property sits on 5.45 acres
  • Large paved parking lot, patched and repaired in 2021
  • New roof installed in 2021
  • New Tenant Pylon installed in 2021
  • Over $500,000 in upgrades in 2021
  • Brick construction
  • 29 total units with 7 current vacancies
  • Many long term tenants
  • Located near several retail businesses that include; Walmart, Menards, Tractor Supply, Aldi, Hobby Lobby as well as several restaurants and recreational complexes.
  • 18,300 Cars Per day
  • Approximately 211 parking spaces onsite.

Description

Joseph & Camper Commercial has been retained on behalf of the owner to sell the 100% fee simple interest in Sunset Plaza, a successful 65,354 SF retail shopping center situated on 5.45 acres in Pekin, IL. The property is an ā€œLā€ shaped strip center featuring one freestanding outlot restaurant building. Located on Court Street which is the main retail corridor on Pekin. Property is approximately 1/2 mile from the East Port Shopping Mall. Surrounding area boasts an abundance of national, regional and local tenants. Historically stable with consistent NOI. Property is currently operating at 76% occupancy with 22 of the 29 units leased.

SEC 12 T24N R5W SUNSET HILLS EXT 10 LOTS A,C,D,E,F,H,I; & 100 X 103 TRACT LOT 1 & LOT 1 (EXC OL B & 146.56 X 173 TRACT) NE 1/4


Year Built: 1976
Building Size: 65354sq ft
Lot Size: 5.45 acres

Map of 2910-2982 Court St, Pekin, IL, 61554

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