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401 Main Street
Peoria, IL 61602
Asking Price
$10.75M
Cap Rate
9%
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 9.00% CAP | 162,412 SqFt <ul><li>Class A 16-Story Office Building in Downtown Peoria</li><li>Located in the Heart of Peoria's Central Business District</li><li>Multiple Suites Available Providing Leasing Flexibility</li><li>Beautiful Illinois River Views from Upper Floors</li><li>On-site Parking Supporting Tenant Convenience</li><li>Surrounded by Dining, Retail, and Entertainment Including Peoria Civic Center</li><li>Convenient Access to Public Transportation and Major Highways</li></ul>
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NOI
$80,000
Cap Rate
0.74%
DSCR
0.13
Underwater
Cash-on-Cash
-17.31%
Monthly Payment
$53,185.135
Annual Cash Flow
$-558,221.615
