Redeveloped Big Box Retail
For Lease
$5.75 SF/Yr
901 W Lake Avenue, Peoria, IL 61604
Retail space available in a redeveloped 159,000 SF property.
Space Size27,000 SF
Property Size159,000 SF
Days on Market194
Property Features for 901 W Lake Avenue
General Information
Standard status
Active
Size
27,000 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
159,000 SF
Year Built
1971
Spaces For Lease
at 901 W Lake Avenue
901 W. Lake Street
$5.75/SF/Yr
Size
27,000 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
Maloof Commercial
Listed By:
Madison Maloof · License #IL #475.180439
(415) 942-4234
Source:
Maloofcom
Added: Mar 26
Changed: Sep 9
Last Checked: Oct 4 at 8:26AM
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
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.86 /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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Peoria, IL
$13.29 /SF/Yr
Avg Asking Price
$5.75–$25 /SF/Yr
Price Range
9,226 SF
Avg Space Size
This space is priced 57% below the average of $13.29 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 Avenue Peoria, IL.
What is the lease rate?
The lease rate is $5.75 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.
