Washington Plaza
2273 Washington Rd, Washington, IL 61571, USA

$5,290,000· Multi Tenant (Available)

Investment Highlights

  • 80.75% Occupied Retail Center -21 Units (6 Vacant Units)
  • Recent Improvements –Over $155,000 Improvements to The Parking Lot, HVAC And Roof
  • Six Vacant Units Providing Significant Upside (19.25%)
  • Potential Outlot -City Approved 4,500 Sf Including Drive-Thru (See Proposed Location on The Aerial)
  • Anchored By AMC Theaters (1970) & Dollar General (1970)
  • Long Term Tenancy -Multiple Lease Extensions
  • All But Two Leases Structured as Triple-Net (Minimal Landlord Responsibility)
  • Built In 1970 With A Complete Renovation of The Building and Parking Lot In 2012
  • The Site/Property Presents Extremely Well & Has Been Well Maintained and Updated
  • Located Off Route 8 Expansion
  • Over 49,000 Residents Within Five Miles with An Average Household Income Of $83,611
  • Only Six Miles from Downtown Peoria

Location

Agent

Jeff Rowlett

jeff.rowlett@marcusmillichap.com
262 364 1924

Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Mr. Rowlett is widely recognized as a leading investment properties specialist. His expertise is in understanding the capital markets, knowing..

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