Lake Pleasant Parkway Professional Plaza
Listing was updated at: 12/13/2018
Property Overview
Price/Rent PSF $ 1,150,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 5,814
Date Available 12/13/2018
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Description

Location
The subject site is located within an office condominium park at the southeast corner of 91st Avenue and Lake Pleasant Parkway within the city limits of Peoria.

The subject can be accessed from both 91st Avenue and Lake Pleasant Parkway, which are to the west and north of subject.


Sale
The subject’s construction consists of painted stucco over wood frame construction and preengineered wood truss built-out roof system. Onsite improvements include common area landscaping, asphalt-paved parking lot, and site lighting maintained by the Lake Pleasant Professional Center Office Condominium Association .

The subject also includes 18 covered parking spaces with some spaces leased to other occupants of the Plaza. Additionally, the subject property owns 12 sign panels on the monument sign offereing additional income.

The building is 100% occupied. The subject’s build-out is currently constructed for multiple-tenant occupancy with mostly professional office build-out with one tenant space having medical office build-out (Suite C-320). The subject improvements include a net leasable area of 5,814 square feet consisting of three units ranging in size from 989 to 2,777 square feet.

Note: Additional Income is NNN charges, parking & sign income.

Location