Former Save a Lot Grocery
For Sale
Contact for pricing
210 S Western Ave, Peoria, IL 61605
Dark retail asset retains rent obligations through June 20, 2024.
Property SizeContact for details
Days on Market143
Property Features for 210 S Western Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 11:25AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Located at 210 S Western Ave in Peoria, Illinois, this dark grocery building was formerly occupied by Save a Lot. The property is being offered for sale as a standalone retail asset, with the prior operator no longer occupying the premises.
A new eight-year lease was signed in June 2016, and rent payments remain due through June 20, 2024. The lease includes a scheduled rent increase beginning in July 2020. The building’s former grocery-store configuration provides a defined retail identity, while the existing lease framework remains part of the offering.
A new eight-year lease was signed in June 2016, and rent payments remain due through June 20, 2024. The lease includes a scheduled rent increase beginning in July 2020. The building’s former grocery-store configuration provides a defined retail identity, while the existing lease framework remains part of the offering.
Key Highlights
- Former Save a Lot grocery building at 210 S Western Ave, Peoria, IL 61605
- Dark retail property with the former tenant no longer occupying the building
- Eight‑year lease signed in June 2016
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Beauty & Spa 8%
BP
Shops & Services
6,887 visits/mo
0.3 miles
Dollar General
Shops & Services
6,151 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,649 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,583 visits/mo
0.4 miles
Family Dollar
Shops & Services
3,042 visits/mo
0.3 miles
Demographics for 61605, IL
14,049
Population
7,114
Households
2
Avg Household Size
34
Median Age
5%
College-Educated
80%
High-School Grad
4.4 sq mi
ZIP Area
3,193
Density / Sq Mi
$24,499
Median Household Income
$25,176
Median Earnings
$831
Median Rent
$44,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Johnson Mini Mart — 907 W Johnson St, Peoria, IL 61605
- Haddad's West Peoria Market — 2407 W Rohmann Ave, West Peoria, IL 61604
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Dark retail asset retains rent obligations through June 20, 2024.
Where is this grocery and convenience store located?
The property is located at 210 S Western Ave Peoria, IL.
What are key features of this property?
This property features: Former Save a Lot grocery building at 210 S Western Ave, Peoria, IL 61605; Dark retail property with the former tenant no longer occupying the building; Eight‑year lease signed in June 2016
