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

Peoria's newest retail destination with over 50 stores.

Space Size683 SF - 93,378 SF
Property Size468,510 SF
Days on Market2165

Property Features for 5201 W War Memorial Drive

General Information

Standard status Active
Size 683 SF - 93,378 SF
Class B
Property subtype Retail

Building Details

Building Size 468,510 SF
Tenancy Multiple

Spaces For Lease

at 5201 W War Memorial Drive Contact us

Unit 105

Size
7,871 SF
Type
Retail
Availability
Active
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Unit 120

Size
5,000 SF
Type
Retail
Availability
Active
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Unit 225

Size
3,797 SF
Type
Retail
Availability
Active
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Unit 255

Size
1,901 SF
Type
Retail
Availability
Active
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Unit 300

Size
20,760 SF
Type
Retail
Availability
Active
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Unit 325

Size
9,418 SF
Type
Retail
Availability
Active
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Unit 400B

Size
93,378 SF
Type
Retail
Availability
Active
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Unit 477

Size
683 SF
Type
Retail
Availability
Active
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Unit 515

Size
1,192 SF
Type
Retail
Availability
Active
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Unit 532

Size
1,026 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Brad Joseph · License #N/A
Source: Crexi
Added: Sep 17, 2020 Changed: Aug 12 Last Checked: Aug 20 at 4:56PM

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 center, characterized by a Georgian Revival architectural design. Located in Peoria, it features an elegant courtyard and pedestrian promenade landscaped with shade trees, native shrubs, and seasonal flowers. Amenities include street lamps, park-like seating areas, water features, and a children’s play area. The tenant mix includes more than 50 specialty stores and restaurants, many of which are exclusive to the Peoria market. Anchors include Dick’s Sporting Goods, Marshalls, HomeGoods and Planet Fitness. Other stores include DSW, Old Navy, White House Black Market, and Brighton Collectibles.

Key Highlights

  • Anchored by major retailers: Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.
  • Over 50 specialty stores and restaurants.
  • Many stores and restaurants are exclusive to the Peoria market.

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
Rey
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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 - Peoria's newest retail destination with over 50 stores.
Where is this shopping center located?
The property is located at 5201 W War Memorial Drive Peoria, IL.
What are key features of this property?
This property features: Anchored by major retailers: **Dick’s Sporting Goods, Marshalls, HomeGoods, and Planet Fitness.**; Over 50 specialty stores and restaurants.; Many stores and restaurants are exclusive to the Peoria market.
(309) 692-1135 Call to check price and availability
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