For Sale $2,666,483
Property Type Retail
Property Size 5,935 SF
Lot Size 1.19 Acre
Additional Rent Contact for pricing
Year Built 1993
Date Updated Nov 14, 2024

Corporate Guaranteed lease through Ascent Hospitality Management Group (Perkins, Huddle House)

Absolute NNN Lease with zero landlord responsibilities providing passive income and ideal 1031 exchange investment property

Hotel Block – Immediately surrounded by Travelodge by Wyndham, Super 8 by Wyndham, Suburban Studios Peoria, Comfort Suites, with 5 other hotels within a half mile of site providing steady customer base

Strategically located between Northwoods Mall and Walmart Anchored shopping center

Positioned just off I-74 at exit 89, providing steady traffic flow to W War Memorial Drive and ease of access to the entire regional expressway system

Recent Tenant Extension demonstrating commitment to the site

Strong demographics – Within 5 mile radius of site, population exceeds 119,000 with average household incomes exceeding $67,000, and dining expenditures in excess of $138.8M

Surrounded by National and Regional Retailers to include: Northwoods Mall, Chick Fil A, Chipotle, Panda Express, Portillo’s, Dunkin, Burlington, Ulta Beauty, Petco, Michaels, Five Guys, Ross Dress for Less, Sonic, Pizza Ranch, O’Reilly, McDonald’s, Walgreens, Aldi, Walmart, Hobby Lobby, and more!.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Kellen Duggan Is this you?

Friedman Real Estate

Location

Getting Around

Walk Score ®
31/100 Car-Dependent
Transit Score ®
37/100 Some Transit
Bike Score ®
35/100 Somewhat Bikeable

City Peoria, IL
Neighborhood Central Peoria
Zip Code 61614
Market Chicago

Points of Interest

Circle K

0.97 miles
Shell

2.28 miles
Casey's

2.48 miles
Gas

2.49 miles
BP

2.55 miles
Tesla Motors Destination Charger

3.53 miles
Tesla Supercharger

4.21 miles
ChargePoint

4.25 miles
Chargepoint Level 2 EV Charger

8.52 miles

Main Street Parking Deck

2.53 miles
Faculty & Staff Parking

2.56 miles
Faculty & Commuter Parking

2.57 miles
additional parking

2.66 miles
Parking for UnityPoint Methodist Hospital

2.70 miles
Duryea Parking Deck

2.71 miles
Commuter Parking

2.72 miles
OSF North Parking Deck

2.73 miles
Parking for employees of UnityPoint Methodist Hospital

2.74 miles
Parking for the UnityPoint Methodist Hospital Emergency Room

2.76 miles

Perkins

0.02 miles
Herold's Pizza Oven

0.57 miles
McDonald's

0.59 miles
Arby's

0.59 miles
Hardee's

0.62 miles
Dunkin'

0.64 miles
Portillo's

0.68 miles
Panda Express

0.68 miles
Sushigawa

0.70 miles
Chipotle

0.70 miles

JCPenney

0.44 miles
Northwoods Mall

0.46 miles
Walmart

0.62 miles
ALDI

0.67 miles
Kroger

0.84 miles
Schnucks

0.93 miles
Target

1.09 miles
Shop 'n Save

1.15 miles
Swagat

2.60 miles
Kohl's

3.12 miles

Frequently Asked Questions

How much does Perkins Restaurant & Bakery cost?

The space currently listed for sale at Perkins Restaurant & Bakery asks for $2,666,483.

What is the total square footage of Perkins Restaurant & Bakery?

Perkins Restaurant & Bakery totals 5,935 square feet.

When was this property built?

Perkins Restaurant & Bakery was built in 1993.

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