Building Details

Tenancy Multi

Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace p***@midamericagrp.com Show Phone

Listed By: Paige Schiesser

Source: Moodyscre

Added: May 14 Changed: Jul 25 Last Checked: Jul 30 at 1:55PM

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Investment Insights

Based on property information with market context.

The Shoppes at Grand Prairie is an open-air lifestyle center offering a diverse retail tenant mix that includes more than 30 specialty stores and restaurants.

The center is anchored by Dick’s, Old Navy, HomeGoods, DSW, Marshalls, Victoria’s Secret/Pink, Eddie Bauer, and Planet Fitness.

The property is available for rent at 5201 W War Memorial Dr in Peoria, IL 61615.

Key Highlights

• Open‑air lifestyle center with a tenant mix of more than 30 specialty stores and restaurants
• Anchored by major retailers including Dick’s, Old Navy, HomeGoods, DSW, Marshalls, Victoria’s Secret/Pink, Eddie Bauer, and Planet Fitness
• Tenant mix includes more than 30 specialty stores and restaurants

Property Analytics

Current Use

Central Illinois Ballet Training Center HomeGoods Department Store Dry Goods Clothing & Fashion Store LOFT Clothing & Fashion Store The Shoppes at Grand Prairie Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store

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

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

364

Businesses Nearby

509k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 33% Dining 24% Home Improvements & Furnishings 16% Groceries 11%

Hy-Vee Groceries

57,702 visits/mo 0.2 miles

DICK'S Sporting Goods Apparel

51,369 visits/mo 0.1 miles

Marshalls Apparel

45,100 visits/mo 0.1 miles

HomeGoods Home Improvements & Furnishings

33,290 visits/mo 0.1 miles

Academy Sports + Outdoors Apparel

30,770 visits/mo 0.2 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

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Open-air lifestyle center with a tenant mix of more than 30 specialty stores and restaurants.

Where is this shopping center located?

The property is located at 5201 W War Memorial Dr Peoria, IL.

What are key features of this property?

This property features: Open‑air lifestyle center with a tenant mix of more than 30 specialty stores and restaurants; Anchored by major retailers including Dick’s, Old Navy, HomeGoods, DSW, Marshalls, Victoria’s Secret/Pink, Eddie Bauer, and Planet Fitness; Tenant mix includes more than 30 specialty stores and restaurants