Restaurant
Logan's Roadhouse
240 Conference Center Dr, East Peoria, IL 61611
Listing Price: $1,237,500
Cap Rate
8.00%
Tenant Name
Logan's Roadhouse
Years Remaining On Lease
3.4
Gross SF
7,268
Guarantor
Corporate Guarantee
Rentable SF
7,268
Price/Gross SF
$170.27
Lease Type
Ground Lease
Rent Per Square Feet
$13.62
Investment Overview
See Highlights
Logan's Roadhouse
Investment Highlights
- 20+ Year Operator - Long-term Logan's Roadhouse tenancy underscores stability and location performance.
- Passive, Predictable Income - Attractive ground lease structure minimizes landlord responsibility while ensuring consistent cash flow.
- Immediate Traffic Catalyst - Adjacent to brand new $13 Million riverfront hotel, driving new demand, visibility, and customer volume.
- Dominant Retail Corridor- Located just off Interstate 74, the site is surrounded by an abundance of national eateries and retail operators.
- Conference-Driven Demand - The property is directly across the street from the East Peoria Conference Center, providing steady, event-based traffic.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
Listing Price: $1,237,500
Cap Rate
8.00%
Tenant Name
Logan's Roadhouse
Years Remaining On Lease
3.4
Gross SF
7,268
Guarantor
Corporate Guarantee
Rentable SF
7,268
Price/Gross SF
$170.27
Lease Type
Ground Lease
Rent Per Square Feet
$13.62
Investment Highlights
- 20+ Year Operator - Long-term Logan's Roadhouse tenancy underscores stability and location performance.
- Passive, Predictable Income - Attractive ground lease structure minimizes landlord responsibility while ensuring consistent cash flow.
- Immediate Traffic Catalyst - Adjacent to brand new $13 Million riverfront hotel, driving new demand, visibility, and customer volume.
- Dominant Retail Corridor- Located just off Interstate 74, the site is surrounded by an abundance of national eateries and retail operators.
- Conference-Driven Demand - The property is directly across the street from the East Peoria Conference Center, providing steady, event-based traffic.
Investment Overview
See Highlights
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
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