Absolute NNN Lease – Zero Landlord Responsibilities.
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.
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.
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.
Strategic Transportation Location - Positioned near major highway infrastructure (I-74 corridor) serving the greater Peoria logistics and industrial market.
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.
Corporate Lease Structure - Backed by Penske corporate guarantee, offering stability compared to franchisee or operator-backed deals.
Functional Site with Scalable Utility - Includes 3,750 SF building on 4.58 acres, ideal for truck parking, servicing, and logistics operations.
Logistics-Driven Tenant Demand Fundamentals - Demand supported by transportation, distribution, and industrial users, a sector that continues to outperform traditional retail.

Divon Shammami

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710 High Point Ln

29425 Orchard Lake Rd