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Open-Air Lifestyle Retail Center
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5201 W War Memorial Dr, Peoria, IL 61615

Open-air retail center anchored by Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.

Property Size20,760 SF
Days on Market709

Property Features for 5201 W War Memorial Dr

General Information

Standard status Active
Size 20,760 SF
Property subtype RETAIL
Listing Agency: Joseph & Camper Commercial
Listed By: Brad Joseph
Source: Moodyscre
Added: Aug 21, 2024 Changed: Jul 27 Last Checked: Jul 30 at 11:27AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

The Shoppes at Grand Prairie is an open-air lifestyle retail center offering tenant spaces for lease within a mix of specialty stores and restaurants. The center is anchored by Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.

The property is located at 5201 W War Memorial Dr in Peoria, Illinois. The tenant mix includes more than 50 specialty stores and restaurants, including retailers such as DSW, Old Navy, White House Black Market, and Brighton Collectibles.

Suitable for users looking to join an established, multi-tenant retail environment, the center’s open-air format supports a storefront-style merchandising and customer-access layout.

Key Highlights

  • Open‑air lifestyle retail center anchored by Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.
  • Tenant mix includes more than 50 specialty stores and restaurants.
  • Includes retailers such as DSW, Old Navy, White House Black Market, and Brighton Collectibles.

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby
509k
Monthly Visits Nearby
Balanced
Demand for This Use

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
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Similar Off Market Nearby

  • The Shoppes at Grand Prairie — 5201 W War Memorial Dr, Peoria, IL 61615

Frequently Asked Questions

What type of property is this?
Shopping center - Open-air retail center anchored by Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.
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 retail center anchored by Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.; Tenant mix includes more than 50 specialty stores and restaurants.; Includes retailers such as DSW, Old Navy, White House Black Market, and Brighton Collectibles.
(309) 643-0717 Call to check price and availability
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