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1600 36th Street
Peru, IL
• Recently Extended Lease – This location was a build-to-suit for Advance Auto Parts, who recently extended their lease and now has ten (10) years of term remaining. The tenant is currently operating on a NN+ lease with the Tenant being responsible for the roof and the Landlord’s only responsibility being the structure of the property. Advance Auto Parts has three (3), five (5) year options remaining with a 6.13% rent increase in the first option and 7.50% increases at the beginning of each of the following options.. • National Retail Tenant – Advance Auto Parts is a Fortune 500 company and one of the leading American automotive aftermarket parts providers that serves both the professional installer and do it yourself customers. As of December 31, 2022, Advance operated 4,770 stores and reported Full Year 2022 net sales of $11.2 billion, up 1.4% from 2021.. • Ideal Location – The property sits along 36th Street (5,500 VPD) at the signalized corner of N Illinois 251, the major north-south thoroughfare which runs through the entirety of Peru and boasts 15,500 vehicles per day. In addition to the excellent visibility along I-251, Advance Auto Parts benefits from tremendous accessibility, as it is located just over one (1) mile from exit 75 of I-80, home to 27,000 VPD.. • Busy Retail Corridor – Advance Auto Parts is shadow anchored by the 465,000 SF Peru Mall and is surrounded by a host of national retailers such as Walmart Supercenter, Target, The Home Depot, Big Lots, Hobby Lobby, Marshalls, Kohl’s, Dollar Tree, Rural King, Menards, Hy-Vee Grocery Store, O’Reilly Auto Parts, Sherwin Williams, Chipotle, Buffalo Wild Wings, Culver’s, Steak n’ Shake, and Starbucks further exemplifying the strength of the I-251 retail corridor and drawing more consumers to the area.
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1647-1655 38th Street
Peru, IL
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1320 38th St
Peru, IL
Building Size:3,600SF
This busy corridor’s traffic is primarily retail and workforce traffic. The Jimmy John’s implemented one of the Franchise’s first drive throughs in the late 1990s.
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1,560 SF -
2,040 SF
2,040 SF
PERU PLACE
1655 38th St
Peru, IL
High visibility retail space available directly off of two (2) major thoroughfares in Peru, IL
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18,800 SF -
19,262 SF
19,262 SF
CANNABIS DISPENSARY
2700 May Rd
Peru, IL
Discrete private 64 car parking lot. 45’ (210 SF) highway pylon sign with Route 80 visibility. Conveniently located one mile between two Route 80 highway exits. (“Next Exit” either way). Compliant ownership structure & letter of consent provided. Stand alone building formerly OTB (Off Track Betting)
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4,100 SF
512 5th St
Peru, IL
Perfect retail, studio, food & beverage or office space. Great vintage/Retro styling retail space. Pylon signage available.
$886
1,150 SF
1631 4th St
Peru, IL
2000 sq foot space in a one story brick building on a busy downtown Peru, IL street. Shares building with an outpatient Physical Therapy Clinic. Great space for healthcare office, retail, sales, or other service provider.
$1,666
2,000 SF
4500 Peoria Street
4500 Peoria St
Peru, IL
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1608 Wenzel Road
Peru, IL
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Peoria St. Retail
1198-1100 Peoria Street
Peru, IL
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4059 Shooting Park Road
4059 Shooting Park Rd
Peru, IL
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1004 Shooting Park Road
1004 Shooting Park Rd
Peru, IL
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1650 38th Street
Peru, IL
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Market Stats
Peru has 21 commercial real estate spaces for lease, representing 7,853,890 sqft space.
22 buildings are available for sale.
In the past 30 days, Peru has had 2 spaces leased.
Metropolitan areas near Peru, IL
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