L&T Technology

8200 North Allen Road, Peoria, IL
Deal Type:
Net Lease
Price:
$3,425,310
Cap Rate:
7.25%
Current Rent:
$248,335
Lease Type:
Triple Net
Lease Expiration Date:
Approx. 7 years
Renewal Options:
None
Building Sq. Ft.:
24,738 sf
Rent Increases:
2.50% Annually
Site Size:
4.4 acres

Investment Highlights

  • Absolute NNN lease with 2.5% annual increases
  • Engineering and R&D Facility with ample parking on 4.4 acres
  • Loading dock with overhead door & leveler
  • Rear parking lot fenced with electronic gate system
  • Fully sprinklered & heated
  • L&T Technology Services Limited (LTTS) is a global leader in Engineering and R&D (ER&D) services

Listing Agents

Adam Baxter

Senior Vice President
205 394 3520
Abaxter@stream-cp.com
Sebastian Geoffrion STREAM Capital Partners

Sebastian Geoffrion

Vice President
615 428 7344
Sebastian@stream-cp.com
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798
Jonathan@stream-cp.com
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