Net Leased Retail
For Sale
Contact for pricing
518 E War Memorial Dr, Peoria, IL 61614
Single-tenant net leased retail building occupied by Sherwin Williams, with a lease term through May 2027.
Property Size5,600 SF
Lot Size0.51 Acres
Days on Market132
Property Features for 518 E War Memorial Dr
General Information
Standard status
Active
Size
5,600 SF
Lot size
0.51 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
26,500 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Joseph & Camper Commercial
(309) 643-0717
Listed By:
Will Hayes · License #IL 475.122056
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 7:14PM
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 Joseph & Camper Commercial
Investment Insights
Based on property information with market context.
This income-producing, single-tenant net leased retail property is currently occupied by Sherwin Williams, providing paint and coating products. The current lease is in place through May 2027.
The building totals 5,600 SF and sits on five parcels totaling 0.51 acres. It is located on War Memorial Drive / Route 150 with 26,500 vehicles per day, positioned within a dense retail corridor and surrounded by a mix of national and community-oriented tenants. The site is also within proximity to heavy residential in all directions off War Memorial Drive.
The 5-mile trade area is supported by more than 62,660 residents with an average annual household income of $62,821.
The building totals 5,600 SF and sits on five parcels totaling 0.51 acres. It is located on War Memorial Drive / Route 150 with 26,500 vehicles per day, positioned within a dense retail corridor and surrounded by a mix of national and community-oriented tenants. The site is also within proximity to heavy residential in all directions off War Memorial Drive.
The 5-mile trade area is supported by more than 62,660 residents with an average annual household income of $62,821.
Key Highlights
- 5,600 SF single‑tenant retail building leased to Sherwin Williams
- Lease in place through May 2027 (net leased)
- 0.51‑acre site on 5 parcels
Property Analytics
Property Profile
Current Use
Lease Details
26,500 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 11%
Electronics 7%
Home Improvements & Furnishings 3%
Phillips 66
Shops & Services
18,674 visits/mo
0.4 miles
SUBWAY
Dining
2,677 visits/mo
0.1 miles
Boost Mobile
Electronics
1,558 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
755 visits/mo
0.0 miles
Demographics for 61614, IL
27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant net leased retail building occupied by Sherwin Williams, with a lease term through May 2027.
Where is this retail space located?
The property is located at 518 E War Memorial Dr Peoria, IL.
What are key features of this property?
This property features: 5,600 SF single‑tenant retail building leased to Sherwin Williams; Lease in place through May 2027 (net leased); 0.51‑acre site on 5 parcels
