Property profile

2010 Knoxville Ave Peoria, IL 61603

OFF-MARKET
Retail properties & Spaces
24,000 SF
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Property summary

AI-generated overview

Discover a prime retail or restaurant space at Knoxville Plaza, located at 2010 N. Knoxville Avenue, Peoria, IL 61604. This single-story, Class B building offers a total of 24,000 square feet, with 6,920 square feet currently available for lease. The space features a recently remodeled interior (2024) boasting new flooring, paint, and lighting, creating a modern and inviting atmosphere. High 16-foot ceilings and an overhead door provide exceptional flexibility for various business types. An additional 920 square feet of mezzanine space offers bonus storage or office area. The space was previously used as a fitness center, showcasing its adaptability. Benefit from strong neighboring tenants, including Arona Home Essentials and Rent-A-Center. The building itself has undergone significant updates, including a warranted roof (2022), a freshly sealcoated parking lot (2023), and fresh exterior paint. Ample parking is available with 60 spaces. This exceptional leasing opportunity is perfect for businesses seeking a well-maintained, conveniently located space in a thriving area. Some remaining equipment from the previous tenant may be available for purchase.

Property profile

Verified
Property type Retail properties & Spaces
Total area 24,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

2010 Knoxville Ave Peoria, IL 61603
Peoria metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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