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    OFF-MARKET
    Neighborhood centers

    8817 Knoxville Ave, Peoria, IL 61615

    156,000 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 156,000 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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