Golden Group Real Estate is pleased to announce the sale of Broadway Plaza shopping center located at 1807-1817 Broadway St, Pekin, IL. The firm represented the Seller and the Buyer in the sale of this 83.3% occupied value-add investment opportunity. We received multiple offers from local and out of state investors within the first months of marketing and delivered to our client near the asking price 1031 exchange offer and just within 1 month, the sale was successfully finalized. Investors were interested in the shopping center’s high NOI, value add potential, and its anchor tenant Papa Murphy’s.
Considering a sale? Reply to Troy Golden for a broker opinion of value.