8817 Knoxville Ave, Peoria, IL 61615
This exceptional retail opportunity presents a 156,000 square foot strip center situated at 8817 N. Knoxville Ave in Peoria, Illinois, within Peoria County (zip code 61615). The property boasts a single, one-story building on a one-acre lot, offering multiple tenancy options. Three spaces are currently available, ranging from 1,000 to 1,200 square feet each. This location is strategically positioned in Peoria's fastest-growing residential area, benefiting from high visibility and significant traffic volume. Knoxville Avenue sees 19,500 vehicles daily, further enhanced by two fully signalized intersections providing excellent access. The property's prime location and substantial traffic flow make it an ideal investment for businesses seeking high exposure and a strong customer base. The center's size and layout offer flexibility for a variety of retail uses. This is a rare opportunity to secure a prominent retail presence in a thriving Peoria neighborhood. The property is classified as both Retail and Land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.