Redeveloped Big Box Retail
For Lease
Contact for pricing
901 W Lake Ave, Peoria, IL 61604
Retail space available in a redeveloped 159,000 SF property.
Space Size27,000 SF
Property Size159,000 SF
Days on Market1369
Property Features for 901 W Lake Ave
General Information
Standard status
Active
Size
27,000 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
159,000 SF
Year Built
1971
Tenancy
Multiple
Spaces For Lease
at 901 W Lake Ave Contact us- Size
- 27,000 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Maloof Commercial Real Estate
(309) 693-3000
Listed By:
Madison Maloof · License #IL 475.180439
Source:
Crexi
Added: Nov 22, 2022
Changed: Aug 9
Last Checked: Aug 19 at 9:23PM
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 Maloof Commercial Real Estate
Investment Insights
Based on property information with market context.
Available is a big box retail space within a 159,000 square foot property undergoing complete redevelopment. Approximately 90,000 square feet of the center will be occupied by a climate-controlled self-storage facility managed by Cubesmart. Leaves N Beans will occupy 7,500 square feet on the opposite end of the vacant space.
Key Highlights
- Part of a 159,000 SF redeveloped property.
- 90,000 SF of the center will be climate‑controlled self‑storage managed by Cubesmart.
- Redevelopment is underway.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
188k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 37%
Dining 7%
Apparel 2%
Hy-Vee
Groceries
49,807 visits/mo
0.2 miles
Kroger
Groceries
31,272 visits/mo
0.1 miles
CEFCU
Shops & Services
16,853 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
14,997 visits/mo
0.4 miles
Gordon Food Service
Groceries
13,883 visits/mo
0.5 miles
Demographics for 61604, IL
29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
Market
Lease Benchmarks for Peoria, IL
$16.14 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
7,038 SF
Avg Space Size
This space is priced 60% below the average of $16.14 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in a redeveloped 159,000 SF property.
Where is this retail space located?
The property is located at 901 W Lake Ave Peoria, IL.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: Part of a 159,000 SF redeveloped property.; 90,000 SF of the center will be climate‑controlled self‑storage managed by Cubesmart.; Redevelopment is underway.
