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    OFF-MARKET
    Retail properties & Spaces

    2010 Knoxville Ave, Peoria, IL 61603

    24,000 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Family Medical Equipment & Supply Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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