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    5212 Big Hollow Rd Peoria, IL 61615

    For Lease
    Contact for pricing

    24,124 SF Retail Storefront, Peoria, IL

    Lot size:
    24,124 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 24,124-square-foot retail storefront is available for lease in Peoria, Illinois. Located at 5212 N Big Hollow Rd, Peoria, IL 61615, this single-tenant Class B property boasts a prime location in a high-traffic area. The building features 22-foot ceilings and a wide-open floor plan, offering significant flexibility for a variety of retail uses. The space has the potential to be subdivided to accommodate multiple tenants. A convenient loading dock is situated on the north end of the property. This property benefits from its proximity to Big Hollow Shopping Center, one of Peoria's largest power centers, with prominent neighbors including Target, Lowe's, T.J. Maxx, PetSmart, and more. The property enjoys exceptional visibility and accessibility, situated along War Memorial Drive (41,100 cars per day), a major north-south thoroughfare, just north of Interstate 74 (76,500 cars per day). The entrance features a signalized intersection and dedicated turn lane, ensuring easy access for customers. The building offers prominent signage opportunities on War Memorial Drive, capitalizing on the high traffic volume at one of Peoria's busiest intersections. The property includes 70 parking spaces and is zoned C1. Adjacent to David's Bridal, this location offers unparalleled exposure and convenience. This is a rare opportunity to secure a substantial retail space in a thriving Peoria location.

    Property Features for 5212 Big Hollow Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,124 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    24,124 SF

    HighLights

    • 24,124 SF retail storefront available for lease in Peoria, IL.
    • Located at 5212 N Big Hollow Rd, Peoria, IL 61615, in a high‑traffic area near Big Hollow Shopping Center.
    • Class B building with 22‑foot ceilings, wide‑open floor plan, and potential for subdivision.
    • Features a loading dock, 70 parking spaces, and C1 zoning.
    • High visibility and accessibility on War Memorial Drive (41,100 cars/day) near I‑74 (76,500 cars/day), with a signalized intersection and dedicated turn lane.
    • Prominent signage opportunities and adjacency to David's Bridal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alterations by David's ... Clothing Alteration Service David's Bridal Bridal Shop American Freight Furniture, ... Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6349473
    Latitude
    40.7514712

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    FAQs

    What type of property is this?
    Retail property - 24,124 SF Retail Storefront, Peoria, IL
    Where is this retail property located?
    The property is located at 5212 Big Hollow Rd Peoria, IL.
    What are key features of this property?
    This property features: 24,124 SF retail storefront available for lease in Peoria, IL.; Located at 5212 N Big Hollow Rd, Peoria, IL 61615, in a high-traffic area near Big Hollow Shopping Center.; Class B building with 22-foot ceilings, wide-open floor plan, and potential for subdivision.
    Request Owner's contact information
    5212 Big Hollow Rd Peoria, IL 61615
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    Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5212 Big Hollow Rd Peoria, IL 61615
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