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    4100 Willow Knolls Dr Peoria, IL 61615

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Peoria Retail Space Available

    Lot size:
    272,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Willow Knolls Shopping Center, located at 4100 W Willow Knolls Dr, Peoria, IL 61615, presents a compelling retail investment opportunity. This single-story, Class B shopping center boasts a total of 272,809 square feet situated on 84.15 acres in Peoria County. Currently, 46,991 square feet of space is available, divisible into units ranging from 1,222 to 34,142 contiguous square feet. The center enjoys a strong tenant mix, anchored by Kohl's and Sam's Club, and includes national retailers such as Olive Garden, Office Depot, and Dollar Tree. Additional tenants include OfficeMax, Willow Knolls 14 Theater, Bath & Body Works, Monical's Pizza, and various other local businesses. The center's strategic location provides convenient access for customers, complemented by ample parking and an attractive exterior. This property offers a diverse range of retail and restaurant options, catering to a wide array of consumer needs, from groceries and household goods to beauty products and dining experiences. The surrounding area includes additional national tenants such as Hardees and Hucks Gas Station, further enhancing the property's visibility and appeal. This is an exceptional opportunity to acquire a well-established retail center in a thriving Peoria location.

    Property Features for 4100 Willow Knolls Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    272,809 SF
    Class
    B
    Total Rate
    272809

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    C05A
    Size
    4,800 SF
    Rate per SF
    $12
    Space
    B01
    Size
    1,222 SF
    Rate per SF
    $12
    Space
    Suite C02
    Size
    3,027 SF
    Rate per SF
    $12

    HighLights

    • 1,222 - 34,142 square feet available; three suites available.
    • $12 per square foot, NNN lease rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sam's Club Bakery Bakery Princess Nails Peoria Nail Salon Office Depot Tech ... Computer Support And Services Sam's Club Pharmacy Pharmacy Sam's Club Optical ... Eye Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.654026
    Latitude
    40.7731801

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Peoria Retail Space Available
    Where is this lifestyle center located?
    The property is located at 4100 Willow Knolls Dr Peoria, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1,222 - 34,142 square feet available; three suites available.; $12 per square foot, NNN lease rate.;
    Request Owner's contact information
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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
    4100 Willow Knolls Dr Peoria, IL 61615
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