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    5012 Big Hollow Rd Peoria, IL 61615

    For Lease
    Contact for pricing

    Peoria storefront, 1,050 sq ft

    Lot size:
    9,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 1,050 square foot storefront is located within the 9,670 square foot Glen Hollow Shopping Plaza at 5012 N Big Hollow Rd, Peoria, IL 61615. Situated in Peoria's shopping district between War Memorial Drive and Big Hollow Road, this property offers excellent visibility and accessibility. The plaza is anchored by IHOP and includes co-tenants such as US Agencies, Body Quest, and Midwest Cellular. Built in 2002, this retail space sits on a one-acre lot and is part of a multi-tenant building. The property benefits from 24-hour emergency property management services. Peoria is a thriving market, recently ranked 33rd among the 200 largest metropolitan areas in the US for best-performing cities and 5th among midsized metro areas as a best place to launch a business. This space presents a unique opportunity for businesses seeking a prime location in a strong economic environment. The minimum divisible space is 1,050 square feet, and this entire space is currently vacant. Peoria County is the location of this property.

    Property Features for 5012 Big Hollow Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,670 SF

    Building Details

    Year Built
    2002

    Unit(s) available at that property

    Space
    Suite 5012 N
    Size
    1,050 SF

    HighLights

    • 1,050 SF vacant storefront in Peoria, IL's Glen Hollow Shopping Plaza.
    • Located at 5012 N Big Hollow Rd, Peoria, IL 61615, with excellent visibility and accessibility.
    • Part of a 9,670 SF multi‑tenant building anchored by IHOP, including other established tenants.
    • Built in 2002, situated on a one‑acre lot.
    • 24‑hour emergency property management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Milan Laser Hair ... Laser Hair Removal Service Pardon My Cheesesteak Cheesesteak Restaurant NASCAR Refuel Tenders ... Hamburger Restaurant AT&T Store Cell Phone Store AT&T - Internet Service ... Internet Service Provider

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.633396908878
    Latitude
    40.748865596797

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    FAQs

    What type of property is this?
    Individual retail property - Peoria storefront, 1,050 sq ft
    Where is this individual retail property located?
    The property is located at 5012 Big Hollow Rd Peoria, IL.
    What are key features of this property?
    This property features: 1,050 SF vacant storefront in Peoria, IL's Glen Hollow Shopping Plaza.; Located at 5012 N Big Hollow Rd, Peoria, IL 61615, with excellent visibility and accessibility.; Part of a 9,670 SF multi-tenant building anchored by IHOP, including other established tenants.
    Request Owner's contact information
    5012 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
    5012 Big Hollow Rd Peoria, IL 61615
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