1613-1641 Broadway Rd, Pekin, IL, 61554

1613-1641 Broadway Rd Pekin, IL 61554

1613-1641 Broadway Rd, Pekin, IL, 61554
1613-1641 Broadway Rd, Pekin, IL, 61554 1613-1641 Broadway Rd, Pekin, IL, 61554 1613-1641 Broadway Rd, Pekin, IL, 61554
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 13, 2024

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Description

Kroger anchored center with a history of high traffic – 11,300 CPD on Broadway Street
Built in 1998 with 517 Parking Spaces.
Four units available for lease ranging from 1,115 to 1,600 SF. One former restaurant space with some existing plumbing setup.
Great tenant mix builds foot traffic and boosts tenant revenues.
Existing Tenants include; Armed Forces Career Center, A Vape Shop, China King, Nail Expert, Sally’s Beauty Supply, Dotty’s, H&R Block, Wise Finance and Papa John’s Pizza.

Located on busy Broadway St in Pekin, IL. Traffic counts of 12,300 CPD.


Year Built: 1998
Building Size: 30620sq ft
Lot Size: 0.75 acres


Documents

Property Brochure

Units for Lease

1617
Space Available: 1500 SF
Lease Type: NNN

Price Per Sqft/Year: $13.50
1627
Space Available: 1200 SF
Lease Type: NNN

Price Per Sqft/Year: $13.50
1631
Space Available: 1600 SF
Lease Type: NNN

Price Per Sqft/Year: $13.50
1637
Space Available: 1115 SF
Lease Type: NNN

Price Per Sqft/Year: $13.50

Map of 1613-1641 Broadway Rd, Pekin, IL, 61554

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.