SRS is pleased to announce that Armstrong Development has purchased an approximately 1.3 acre parcel at the southeast corner of 75th Avenue and Bell Road in Peoria.
The site is being redeveloped into an approximately 9,900 SF multi-tenant retail building, with several fast-casual restaurant tenants already committed to the redevelopment.
“We are excited to be working on this project at a time when Arrowhead is in such high demand,” said Chuck Gibson, Senior Vice President at SRS. “Vacancy is low and the amount of available space in the area can’t accommodate the number of tenants looking in the market.”
Gibson and Ed Beeh with SRS represented the buyer in the transaction, and are the leasing agents for the project.