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Retail Space with Flexible Suites
New
For Lease
$14 SF/Yr

8500 N Knoxville Ave, Peoria, IL 61615

Three finished retail suites offer adaptable layouts for single- or multi-unit occupancy.

Space Size1,024 SF - 1,155 SF
Property Size3,268 SF
Days on Market3

Property Features for 8500 N Knoxville Ave

General Information

Standard status Active
Size 1,024 SF - 1,155 SF
Property subtype Retail - Street Retail

Space & Availability

Divisible Yes
Space Use Office
Available From 2026-11-01

Additional Details

Road Access Yes

Building Details

Building Size 3,268 SF
Year Renovated 2016

Spaces For Lease

at 8500 N Knoxville Ave Contact us

Unit A $14/SF/Yr

Size
1,155 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Unit B $14/SF/Yr

Size
1,024 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Unit C $14/SF/Yr

Size
1,089 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Steve Reeves
Source: Commercialcafe
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 30 at 1:04PM

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.

This retail property comprises three finished units that can be leased individually, in pairs, or together. Unit A combines a customer-facing reception area with an open central floor plan, kitchenette, private office, and restroom. Unit B provides reception space, several enclosed offices, and a private restroom. Unit C is arranged around a broad open area with an additional private office and restroom.

The property is positioned on the north Knoxville corridor in Peoria, with reported traffic of 20,400 CPD. Its varied suite layouts accommodate businesses seeking open work areas, private offices, or a combination of both within a single retail property.

Key Highlights

  • Three retail units available in individual, two‑unit, or combined configurations
  • 20,400 CPD reported along the north Knoxville corridor
  • Unit A includes reception, open area, kitchenette, private office, and restroom

Property Analytics

Current Use

Farmers Insurance - Lisa ... Insurance Agency New American Funding ... Loan Service Autism Services Group Medical Clinic Edward Jones - Financial ... Financial Advisor Mackenzie Laesch Physician

Suggested Use

Top Pick Locksmith Garden Center (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Pet Grooming Service

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 31% Superstores 18%
Big Lots Superstores
14,758 visits/mo 0.4 miles
Panera Bread Dining
14,653 visits/mo 0.5 miles
Taco Bell Dining
13,355 visits/mo 0.2 miles
CEFCU Shops & Services
7,055 visits/mo 0.2 miles
Shell Shops & Services
5,870 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

Lease Benchmarks for Peoria, IL

$14.16 /SF/Yr
Avg Asking Price
$5.75–$25 /SF/Yr
Price Range
6,184 SF
Avg Space Size

This space is priced 1% below the average of $14.16 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three finished retail suites offer adaptable layouts for single- or multi-unit occupancy.
Where is this retail space located?
The property is located at 8500 N Knoxville Ave Peoria, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Three retail units available in individual, two‑unit, or combined configurations; 20,400 CPD reported along the north Knoxville corridor; Unit A includes reception, open area, kitchenette, private office, and restroom
More about this property
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