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Restaurant

Former TGI Friday's

5300 W War Memorial Dr, Peoria, IL 61615

Listing Price: $1,650,000

Cap Rate
8.69%
Tenant Name
TNC Retail Investments LLC
Years Remaining On Lease
0.4
Gross SF
6,121
Guarantor
Private Guarantee
Rentable SF
6,121
Price/Gross SF
$269.56
Lease Type
Absolute Net
Rent Per Square Feet
$23.41

Investment Overview

Marcus & Millichap is pleased to present this attractive Former TGI Friday's restaurant located in Peoria, Illinois. Consisting of approximately 6,121 sq. ft. of improvements, the property is situated on approximately 1.68 acres of land providing for 121 on-site parking spaces. Subject property also offers for tenant signage available on a large shared monumental sign. Strategically located with easy access to Highway 6 and directly across the street from The Shoppes at Grand Prairie including Marshalls, Starbucks, Dicks Sporting Goods.

Investment Highlights

  • Ideal owner/user opportunity
  • Property offers excellent street frontage of 142 feet onto a 6-lane road and easy access to Highway 6
  • +/-6,121 s.f. restaurant situated on +/-1.68 acres of land providing abundant on-site parking

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Listing Price: $1,650,000

Cap Rate
8.69%
Tenant Name
TNC Retail Investments LLC
Years Remaining On Lease
0.4
Gross SF
6,121
Guarantor
Private Guarantee
Rentable SF
6,121
Price/Gross SF
$269.56
Lease Type
Absolute Net
Rent Per Square Feet
$23.41

Investment Highlights

  • Ideal owner/user opportunity
  • Property offers excellent street frontage of 142 feet onto a 6-lane road and easy access to Highway 6
  • +/-6,121 s.f. restaurant situated on +/-1.68 acres of land providing abundant on-site parking

Investment Overview

Marcus & Millichap is pleased to present this attractive Former TGI Friday's restaurant located in Peoria, Illinois. Consisting of approximately 6,121 sq. ft. of improvements, the property is situated on approximately 1.68 acres of land providing for 121 on-site parking spaces. Subject property also offers for tenant signage available on a large shared monumental sign. Strategically located with easy access to Highway 6 and directly across the street from The Shoppes at Grand Prairie including Marshalls, Starbucks, Dicks Sporting Goods.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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