5728 N Knoxville Avenue

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5728 N Knoxville Avenue

Peoria, IL 61614
Asking Price
$4.00M
Asset Type
Retail
Class
Class B

What's Special

5728 N Knoxville Avenue is situated in a primary commercial corridor of North Peoria, Illinois. The property occupies a prominent position along a major four-lane arterial road, characterized by high daily traffic counts and established suburban residential density. The surrounding neighborhood features a mix of corporate offices, medical suites, and long-standing retail centers. Nearby amenities include grocery anchors, pharmacies, and dining options within a two-mile radius. The location offers direct access to Interstate 74 and Route 6, facilitating regional connectivity for commuters and logistics. This retail asset is suited for businesses requiring high visibility and consistent consumer foot traffic. Ideal use cases include boutique retail storefronts, service-based businesses, or small-scale financial offices. The typical tenant profile includes local retailers, franchise operators, or professional service providers looking to capitalize on the area's established demographic and strong vehicular exposure. The property’s layout supports versatile interior configurations to meet the specific branding and operational requirements of diverse retail occupants.

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NOI
$80,000
Cap Rate
2.00%
DSCR
0.34
Underwater
Cash-on-Cash
-13.12%
Monthly Payment
$19,784.87
Annual Cash Flow
$-157,418.441

Location & Travel Times