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Grocery-Anchored Shopping Center For Rent
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SEC Sheridan Road & Lake Avenue, Peoria, IL

High-traffic shopping center with strong demographics and ample parking.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market553

Property Features for SEC Sheridan Road & Lake Avenue

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype LAND

Spaces For Lease

at SEC Sheridan Road & Lake Avenue
SEC Sheridan Road & Lake Avenue AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
• High-volume grocery-anchored shopping center • Strong traffic counts (21,000+ cars/day) • Average household income: ~$85,000 • New parking surface completed in 2024 • Over 1,100 parking spaces • Façade renovation in 2020 • 150,000 square foot shopping center
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Listing Agency: Broad Reach Retail Partners, LLC
Listed By: Gary Block
Source: Moodyscre
Added: Apr 1, 2025 Changed: Sep 12 Last Checked: Oct 4 at 11:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Broad Reach Retail Partners, LLC

Investment Insights

Based on property information with market context.

This 150,000 square foot shopping center is anchored by a high-volume grocery store. The location benefits from strong traffic counts, with over 21,000 cars passing by each day. The surrounding area has an average household income of approximately $85,000. The property offers over 1,100 parking spaces. A new parking surface was completed in 2024, and the facade was renovated in 2020.

Key Highlights

  • High‑volume grocery‑anchored shopping center
  • Strong traffic counts (21,000+ cars/day)
  • Over 1,100 parking spaces

Property Analytics

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Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,953
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Hotels & Casinos 23% Home Improvements & Furnishings 7% Electronics 6%
Logan's Roadhouse Dining
10,001 visits/mo 0.4 miles
Embassy Suites By Hilton East Peoria Riverfront Hotel & Conference Center Hotels & Casinos
9,766 visits/mo 0.3 miles
Steak 'n Shake Dining
8,946 visits/mo 0.4 miles
Arby's Dining
6,754 visits/mo 0.5 miles
T-Mobile Electronics
2,632 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Quick-Tag — Walmart Supercenter, 401 River Road, East Peoria, IL 61611
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Frequently Asked Questions

What type of property is this?
Shopping center - High-traffic shopping center with strong demographics and ample parking.
Where is this shopping center located?
The property is located at SEC Sheridan Road & Lake Avenue Peoria, IL.
What are key features of this property?
This property features: High‑volume grocery‑anchored shopping center; Strong traffic counts (21,000+ cars/day); Over 1,100 parking spaces
(443) 890-1538 Call to check price and availability
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