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5116 N Big Hollow Road, Peoria, IL 61615
Fully leased retail center with corporate occupants, multi-road frontage, and nearby national retail anchors.
Property Size10,260 SF
Days on Market146
Property Features for 5116 N Big Hollow Road
General Information
Standard status
Active
Size
10,260 SF
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
JLL - New York City, New York
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 10:58PM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
This 10,260-square-foot shopping center is configured as three similarly sized retail bays and is fully leased to Aspen Dental, Vitamin Shoppe, and All About Eyes. The property offers 15 years of primary lease term remaining, with renewal options and contractual rent growth of 10% every 5 years. Lease structures include zero landlord obligations.
The center has frontage along three roads and sits near Target, Lowe’s, Best Buy, PetSmart, and other retail and restaurant tenants. Northwoods Mall and Interstate-75 are each approximately one mile away. Located at 5116 N Big Hollow Road in Peoria, Illinois, the property combines a multi-tenant retail layout with established corporate occupancy and a prominent surrounding retail presence.
The center has frontage along three roads and sits near Target, Lowe’s, Best Buy, PetSmart, and other retail and restaurant tenants. Northwoods Mall and Interstate-75 are each approximately one mile away. Located at 5116 N Big Hollow Road in Peoria, Illinois, the property combines a multi-tenant retail layout with established corporate occupancy and a prominent surrounding retail presence.
Key Highlights
- 10,260‑square‑foot shopping center with three retail bays
- Fully leased to Aspen Dental, Vitamin Shoppe, and All About Eyes
- 15 years of primary lease term remaining
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
478k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Superstores 22%
Apparel 12%
Dining 12%
Target
Superstores
107,174 visits/mo
0.2 miles
Five Below
Shops & Services
46,503 visits/mo
0.1 miles
T.J. Maxx
Apparel
45,256 visits/mo
0.2 miles
Barnes & Noble
Shops & Services
37,227 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
36,578 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with corporate occupants, multi-road frontage, and nearby national retail anchors.
Where is this shopping center located?
The property is located at 5116 N Big Hollow Road Peoria, IL.
What are key features of this property?
This property features: 10,260‑square‑foot shopping center with three retail bays; Fully leased to Aspen Dental, Vitamin Shoppe, and All About Eyes; 15 years of primary lease term remaining
