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6200 W Plank Rd, Peoria, IL, 61604

Brinks Portfolio
$2,290,000

Key Information

Cap Rate
6.32%
$ per SF
$113
Tot. SF
12,400
Term Remaining
±5.01 YRS
Type
Industrial

Highlights

6200 W PLANK RD, PEORIA, IL 61604

  • Long-Term Tenant Commitment – Brink’s Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance. The tenant recently executed a new
    5-year lease extension, ensuring income stability and reaffirming their commitment to the site.
  • Absolute Net Lease – Passive Ownership – The lease is structured on an absolute net basis, with Brink’s responsible for all real estate expenses, including property taxes, insurance
    reimbursement, and maintenance. This structure provides investors with predictable income and a fully passive ownership profile with no management obligations.
  • Capital Improvements – New Roof & Perimeter Fence – The property is undergoing significant upgrades, including the installation of a new roof and perimeter security fence. These
    improvements mitigate long-term capital expenditure risk and enhance asset durability.
  • National Credit Tenant – Brink’s Inc. – Brink’s Inc. (NYSE: BCO) is a global leader in secure logistics, cash management, and security services, operating in more than 100 countries. The company maintains a “BB+” credit rating from S&P, underscoring its financial strength and reliability as a tenant.
  • Accessible Price Point – $1,395,000 – Offered at $1,395,000, the property provides investors an opportunity to acquire a national credit tenant at an attractive, accessible basis. The offering is particularly well-suited for private investors and 1031 exchange buyers seeking a stable, long-term investment.

1704 W 2ND ST, DAVENPORT, IA 52802

  • Long-Term Tenant Commitment – Brink’s Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance. The tenant recently executed a new 5-year lease extension, ensuring income stability and reaffirming their commitment to the site.
  • Absolute Net Lease – Passive Ownership – The lease is structured on an absolute net basis, with Brink’s responsible for all real estate expenses, including property taxes, insurance, and maintenance. This structure provides investors with predictable income and a fully passive ownership profile with no management obligations.
  • Attractive Price Point – Offered at $950,000, the property provides investors an opportunity to acquire a national credit tenant at an attractive, accessible basis. The offering is particularly well-suited for private investors and 1031 exchange buyers seeking a stable, long-term investment.
  • Strategic Location – Situated along the Mississippi River, Davenport benefits from strong transportation infrastructure, including proximity to major highways and the Quad City
    International Airport, facilitating efficient logistics and distribution.
  • Ongoing Developments – The city is investing in infrastructure and community projects, such as the $5 million repaving of 4th Street to convert one-way traffic to two-way, aiming to improve downtown accessibility.
  • Industrial Sector Strength – The Quad Cities industrial market remains robust, with low vacancy rates and continued demand for warehouse and distribution spaces, supported by national and regional logistics companies.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald, Adam Marek

License # 478027547 (IL), F03991000 (IA)
Matthews Real Estate Investment Services, Inc, Pacific Realty Commercial, LLC
1600 West End, Ste. 1500 Nashville, TN 37203, 11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154