Anchored Shopping Center with Two
For Sale
Contact for pricing
2004-2010 N Knoxville Ave, Peoria, IL 61603
Anchored by Rent-A-Center and Arona Home Essentials with early lease extensions from tenants.
Property Size24,879 SF
Price / SF$106.92
Days on Market473
Property Features for 2004-2010 N Knoxville Ave
General Information
Standard status
Active
Size
24,879 SF
Property subtype
RETAIL
Additional Details
Anchor Co-Tenants
Rent-A-Center, Arona Home Essentials
Building Details
Tenancy
Multi
Listing Agency:
Maloof Commercial
(309) 693-3000
Listed By:
Dan Maloof · License ##475.122647
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 30
Last Checked: Jul 30 at 12:36PM
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 Maloof Commercial
Investment Insights
Based on property information with market context.
This retail strip shopping center totals 23,856 square feet and is anchored by Rent-A-Center and Arona Home Essentials. Tenants have early lease extensions, supporting ongoing stability for the property’s retail mix.
2004-2010 N Knoxville Ave, Peoria, IL 61603 provides additional revenue opportunity through REA associated with an adjacent owner. The property has seen several recent capital improvements aimed at durability and day-to-day operations, including a new roof installed in 12/2022 with a 20-year transferable warranty.
Operational and exterior upgrades include a newly re-sealed parking lot with updated striping completed in spring 2023, three new HVAC systems installed in 2023, and all new LED bulbs in the parking lot.
2004-2010 N Knoxville Ave, Peoria, IL 61603 provides additional revenue opportunity through REA associated with an adjacent owner. The property has seen several recent capital improvements aimed at durability and day-to-day operations, including a new roof installed in 12/2022 with a 20-year transferable warranty.
Operational and exterior upgrades include a newly re-sealed parking lot with updated striping completed in spring 2023, three new HVAC systems installed in 2023, and all new LED bulbs in the parking lot.
Key Highlights
- 23,856 SF retail strip center
- Anchored by Rent‑A‑Center and Arona Home Essentials
- New roof 12/2022 with 20‑year transferable warranty
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Home Improvements & Furnishings 30%
Mobil
Shops & Services
2,901 visits/mo
0.0 miles
Ace Hardware
Home Improvements & Furnishings
1,227 visits/mo
0.5 miles
Demographics for 61603, IL
15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Anchored by Rent-A-Center and Arona Home Essentials with early lease extensions from tenants.
Where is this shopping center located?
The property is located at 2004-2010 N Knoxville Ave Peoria, IL.
What is the asking price?
The asking price for this property is $2,660,000.
What are key features of this property?
This property features: 23,856 SF retail strip center; Anchored by Rent‑A‑Center and Arona Home Essentials; New roof 12/2022 with 20‑year transferable warranty
