600 Riverside | East Peoria, IL 61611
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600 Riverside
East Peoria, IL 61611
Texas Roadhouse | Corp Abs NNN w/ 13 yrs · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,510 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.60 AC
Zoning
Commercial Business
Frontage
143 FT on Riverside Dr
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
ABOUT 600 RIVERSIDE , EAST PEORIA, IL 61611
SRS National Net Lease Group is pleased to present the rare opportunity to acquire Texas Roadhouse, an absolute NNN leased, investment property located in East Peoria, Illinois. The tenant, Texas Roadhouse, has approximately 13 years remaining on their initial term followed by 3 (5-year) option periods. The lease features 10% rental increases every 5 years in the initial term and throughout the option terms. The lease is corporately guaranteed and is absolute NNN with zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 01-01-29-406-012 | Improvements Assessment | $874,500 |
| Land Assessment | $393,600 | Total Assessment | $1,268,100 |
PROPERTY TAXES
Parcel Number
01-01-29-406-012
Land Assessment
$393,600
Improvements Assessment
$874,500
Total Assessment
$1,268,100
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