Description
This investment property includes the 1,550 SF conveinence store and a large parking lot, totalling 0.63 acres, on the hard corner at the intersection of Western Ave. and Lincoln Ave. (State Route 116). This successful tenant has a new 5 year lease at $2750/mo and tenant pay all utilities. There is a 5 year option that includes a dramatic lease rate increase. Average annual daily traffic count (AADT) is 11,450. This property is located in the Peoria Urban Enterpise Zone Amendement 9 (PUEZ 9) which featuers incentives for developers. The sale includes two parcels - 1911 Lincoln & 1913 Lincoln (1807483033).
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0BEDS
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0.63ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This investment property includes the 1,550 SF conveinence store and a large parking lot, totalling 0.63 acres, on the hard corner at the intersection of Western Ave. and Lincoln Ave. (State Route 116). This successful tenant has a new 5 year lease at $2750/mo and tenant pay all utilities. There is a 5 year option that includes a dramatic lease rate increase. Average annual daily traffic count (AADT) is 11,450. This property is located in the Peoria Urban Enterpise Zone Amendement 9 (PUEZ 9) which featuers incentives for developers. The sale includes two parcels - 1911 Lincoln & 1913 Lincoln (1807483033).
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