Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of an approximate 3.5-acre land site, situated at the corner of IL-25 and Shooting Park Road, in Peru, Illinois for just under $1 million. Senior vice presidents of Inland Commercial Brokerage Paul Montes and Eric Spiess facilitated the transaction on behalf of the seller.
The buyer of the land was Casey’s General Stores, Inc., which is headquartered in Ankeny, Iowa. The land is scheduled to be developed for a new fuel center and convenience store. Casey’s has more than 2,000 stores located across 16 Midwestern states. The cooperating broker was Patricia Walters of Executive Realty Group of Bloomingdale, Illinois.
“We are pleased that we were able to identify a niche opportunity for the area and close on this transaction that will bring a new retailer to the community,” said Spiess.