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Retail Outparcel Development Site

4200 N Sterling Ave, Peoria, IL 61615

For Lease
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1.535-acre outparcel at Northwoods Mall with easy access to Highway 74 and options for multi-tenant development.

Space SizeContact for details
Lot Size1.54 Acres
Days on Market943

Property Features for 4200 N Sterling Ave

General Information

Standard status Active
Lot size 1.54 Acres
Property subtype LAND

Spaces For Lease

at 4200 N Sterling Ave
Out Parcel @ 4150 N Sterling Ave AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
- High-profile 1.535-acre outparcel at Northwoods Mall - Located at epicenter of Peoria’s primary regional retail node - Proposed multi-tenant buildings or ground leases available - Easy access to Highway 74 - Strong food synergy with portillo’s, chipotle, chick-fil-a, panera, & mission BBQ
Contact us
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #1999033116
Source: Moodyscre
Added: Apr 11, 2024 Changed: Nov 3 Last Checked: Nov 8 at 7:28AM

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 Pace Properties

Rey
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Investment Insights

Based on property information with market context.

A high-profile 1.535-acre retail outparcel at Northwoods Mall, offered with opportunities for proposed multi-tenant buildings or ground leases. The site is positioned to support complementary retail activity within the mall’s broader tenant mix.

The property is located at the epicenter of Peoria’s primary regional retail node and provides easy access to Highway 74. The surrounding dining environment includes Portillo’s, Chipotle, Chick-fil-A, Panera, and Mission BBQ, supporting retail and restaurant adjacency for tenant synergy.

This offering is well suited for developers and investors looking for a mall-area land position with flexible plans for how the space can be delivered.

Key Highlights

  • 1.535‑acre outparcel at Northwoods Mall
  • Easy access to Highway 74
  • Options for proposed multi‑tenant buildings or ground leases

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - 1.535-acre outparcel at Northwoods Mall with easy access to Highway 74 and options for multi-tenant development.
Where is this commercial land located?
The property is located at 4200 N Sterling Ave Peoria, IL.
What are key features of this property?
This property features: 1.535‑acre outparcel at Northwoods Mall; Easy access to Highway 74; Options for proposed multi‑tenant buildings or ground leases
(314) 785-7613 Call to check price and availability
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