8001 N University , Peoria, IL, 61614

8001 N University Peoria, IL 61614

8001 N University , Peoria, IL, 61614
8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614 8001 N University , Peoria, IL, 61614
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$1,900,000
Last Verified:
Nov 13, 2024

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Description

Income producing 37,750 sf office/retail/warehouse space for sale in North Peoria.
29,902 sf on the main level that is currently set up with four units.
Unit 1A & a portion of Unit 1B is occupied by ARI thru November 30, 2024. Primarily office space with some warehouse in the rear with one 10 x 12 overhead door.
Unit 1D is occupied by Batteries & Bulbs thru September 30, 2024.
Property sits on 4.49 acres and offers abundant surface parking.
4,501 SF for lease on main level and an additional 4,207 SF of built out office space on 2nd level which is elevator served.
Sprinkler system
Financial information available upon request to qualified buyers with a signed NDA.
Enterprise Zone Incentives

Income producing 37,750 sf office/retail/warehouse space for sale in North Peoria.
29,902 sf on the main level that is currently set up with four units.
Unit 1A & a portion of Unit 1B is occupied by ARI thru November 30, 2024. Primarily office space with some warehouse in the rear with one 10 x 12 overhead door.
Unit 1D is occupied by Batteries & Bulbs thru September 30, 2024.
Property sits on 4.59 acres and offers abundant surface parking.
4,501 SF for lease on main level and an additional 4,207 SF of built out office space on 2nd level which is elevator served.
Sprinkler system
Financial information available upon request to qualified buyers with a signed NDA.

Located in North Peoria on University St just past Pioneer Parkway.

Building Size: 37750sq ft
Lot Size: 4.49 acres


Documents

Property Brochure

Units for Lease

1C
Space Available: 4501 SF
Lease Type: NNN

Price Per Sqft/Year: $9.50
2C
Space Available: 4207 SF
Lease Type: NNN

Price Per Sqft/Year: $9.50

Map of 8001 N University , Peoria, IL, 61614

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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.