Map of Property

Penske Truck Leasing

For Sale

710 High Point Ln, East Peoria, IL 61611

This East Peoria property for sale is located at 710 High Point Ln. The general use of Penske Truck Leasing is retail and it incorporates 3,750 square feet of class C retail space. The current listed sale price for Penske Truck Leasing is $700,000. Penske Truck Leasing is situated on a lot that is 4.58 acre in size.

Contacts

Divon Shammami

APEX Commercial Real Estate Advisors

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,750 SF
  • Lot Size 4.58 Acre
  • Building Class C
  • Year Built 1975
  • Date Updated May 14, 2026
Discover the vibrant retail scene surrounding this prime location in East Peoria, IL. Situated in a bustling commercial hub, the area offers proximity to notable attractions such as the Levee District, home to a variety of popular retail and dining establishments. With its convenient access to major roadways and its position within a dynamic commercial landscape, the area presents an enticing opportunity for retail investors. Future tenants will benefit from the high visibility and strong consumer traffic in the vicinity, making it an attractive choice for retail or street retail businesses looking to establish a prominent presence in this thriving community..
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Highlights

  • Absolute NNN Lease – Zero Landlord Responsibilities.
  • Attractive Price Point with Stable Income. Offered at $700,000 with a 5.68% cap rate, providing accessible entry into a corporate net lease investment.
  • Built-In Rental Growth - Lease features rental increases (approximately 9%+ at option), supporting long-term income appreciation.
  • Corporate Lease Structure - Backed by Penske corporate guarantee, offering stability compared to franchisee or operator-backed deals.
  • Essential Use Supporting Supply Chain Infrastructure Mission-critical location for truck leasing, maintenance, and logistics, benefiting from continued growth in e-commerce and distribution demand.
  • Functional Site with Scalable Utility - Includes 3,750 SF building on 4.58 acres, ideal for truck parking, servicing, and logistics operations.
  • High Barrier-to-Entry Industrial Outdoor Storage Use - 4.58-acre site with specialized improvements for fleet operations, limiting tenant relocation and enhancing long-term tenancy.
  • Logistics-Driven Tenant Demand Fundamentals - Demand supported by transportation, distribution, and industrial users, a sector that continues to outperform traditional retail.
  • Long-Term Tenant Occupancy - Penske has operated at this location since 2006 showing strong commitment to the location. They have exercised 3 options with no objections to rental increases or lease re-negotiation.
  • National Credit Tenant – Penske Truck Leasing. Industry-leading logistics and fleet management company with 1,000+ locations nationwide and strong corporate backing.
  • Strategic Transportation Location - Positioned near major highway infrastructure (I-74 corridor) serving the greater Peoria logistics and industrial market.

Getting around

  • 6/100

    Walk Score ®

  • 21/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City East Peoria, IL
  • Zip Code 61611

Points of Interest

  • Circle K

    1.91 miles

  • Thortons

    1.99 miles

  • Casey's General Store

    2.04 miles

  • Costco Gasoline

    2.10 miles

  • Thornton's

    2.76 miles

  • Tesla Supercharger

    2.89 miles

  • Huck's

    2.95 miles

  • Shell

    2.96 miles

  • Casey's

    3.21 miles

  • Tesla Motors Destination Charger

    3.54 miles

  • Public Overflow Parking

    3.05 miles

  • Farmdale Reservoir Overlook

    3.24 miles

  • Parking for State Street Post Office employees & official use

    3.32 miles

  • Customer Parking for the downtown Peoria Post Office

    3.32 miles

  • Public Parking

    3.34 miles

  • Parking for Le Vieux Carré

    3.34 miles

  • Farmdale Reservoir parking

    3.40 miles

  • Parking for Builders' Warehouse

    3.42 miles

  • Parking for FamilyCore employees and counselees

    3.43 miles

  • Parking for Sprinkmann's Insullation, Inc

    3.44 miles

  • Super Gyro's

    1.34 miles

  • Dairy Queen

    1.43 miles

  • DQ Grill & Chill

    1.44 miles

  • Bob Evans

    1.84 miles

  • Dunkin'

    1.85 miles

  • Long John Silver's

    1.85 miles

  • A&W

    1.86 miles

  • Wendy's

    1.89 miles

  • Popeyes

    1.90 miles

  • Hardee's

    1.90 miles

  • Kroger

    1.82 miles

  • Kohl's

    1.96 miles

  • Big Lots

    2.04 miles

  • Target

    2.29 miles

  • ALDI

    2.42 miles

  • Walmart Supercenter

    2.96 miles

  • Walmart

    6.43 miles

  • JCPenney

    7.45 miles

  • Northwoods Mall

    7.49 miles

  • Swagat

    9.27 miles

Contact Listing Broker
Divon Shammami

APEX Commercial Real Estate Advisors

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