Kroger-Anchored Shopping
For Sale
Contact for pricing
3311 North Sterling Ave, Peoria, IL 61614
Neighborhood retail center with a major grocery anchor, fuel station, and additional shop space for commercial tenants.
Property Size87,359 SF
Days on Market145
Property Features for 3311 North Sterling Ave
General Information
Standard status
Active
Size
87,359 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Kroger
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Oak Brook
Listed By:
Christian Williams · License #IL 472.141577
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 11:57PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Sterling Bazaar is an 87,359-square-foot neighborhood shopping center with a 52,337 SF Kroger anchor and an on-site fuel station. The property also includes 35,022 SF of shop space, currently 41% occupied, providing a mix of established and available retail area within the center.
The center occupies the corner of Forrest Hill Ave and Sterling Ave, with reported traffic volumes of 11,500 VPD and 17,400 VPD, respectively. More than 1,000 feet of uninterrupted frontage extends along Sterling Avenue, and the site has four access points, including one signalized entrance. Sterling Bazaar is positioned south of Northwoods Mall and east of the Super Walmart at University Plaza, with Interstate 74 separating those retail nodes from the property.
The center occupies the corner of Forrest Hill Ave and Sterling Ave, with reported traffic volumes of 11,500 VPD and 17,400 VPD, respectively. More than 1,000 feet of uninterrupted frontage extends along Sterling Avenue, and the site has four access points, including one signalized entrance. Sterling Bazaar is positioned south of Northwoods Mall and east of the Super Walmart at University Plaza, with Interstate 74 separating those retail nodes from the property.
Key Highlights
- 87,359‑square‑foot neighborhood shopping center
- 52,337 SF Kroger anchor with an on‑site fuel station
- 35,022 SF of shop space; currently 41% occupied
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
77k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 28%
Shops & Services 27%
Electronics 8%
Kroger
Groceries
28,464 visits/mo
0.1 miles
Taco Bell
Dining
15,839 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
10,063 visits/mo
0.1 miles
Dollar General
Shops & Services
7,084 visits/mo
0.4 miles
Little Caesars Pizza
Dining
5,949 visits/mo
0.2 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?
Shopping center - Neighborhood retail center with a major grocery anchor, fuel station, and additional shop space for commercial tenants.
Where is this shopping center located?
The property is located at 3311 North Sterling Ave Peoria, IL.
What are key features of this property?
This property features: 87,359‑square‑foot neighborhood shopping center; 52,337 SF Kroger anchor with an on‑site fuel station; 35,022 SF of shop space; currently 41% occupied
