9118 Lindbergh DrPeoria, IL 61615
- Other commercial real estate
- 1.35 AC
Property Details for 9118 Lindbergh Dr
- Lot size
- 1.35 AC
- Property type
- Other commercial real estate
- APN
- 09-32-455-003
- APU
- 932455003
Description
This exceptional 4,193 square foot Class B medical office building, located at 9118 N. Lindbergh Drive in Peoria, Illinois, presents a compelling investment opportunity. Currently 100% occupied by a dermatology practice under a triple net (NNN) lease, this single-tenant property boasts a strong five-year lease renewal in place, ensuring consistent cash flow. The building features multiple exam rooms, a welcoming reception area, private offices to accommodate various needs, and ample parking for both patients and staff. A covered entry provides convenient and sheltered access, while a dedicated storage/maintenance room adds to the property's functionality. Situated on a 1.347-acre lot, the attractive brick building offers significant potential for long-term growth and stability. The asking price is $700,000, translating to a price per square foot of $166.94. This Peoria County property (zip code 61615) represents a rare chance to acquire a well-maintained, fully occupied medical office building with a secure lease and excellent potential for return on investment. The property's prime location and strong tenant occupancy make it an attractive addition to any investment portfolio.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $12,153,665
- Hospitality
- $11,132,692
- Educational
- $9,262,269
- Medical
- $9,580,813
- Retail
- $14,407,974
Location Insight
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Latitude
- 40.7985
- Longitude
- -89.6095
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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