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Property profile

10405 Centerway Dr Peoria, IL 61615

OFF-MARKET
Retail properties & Spaces
0.75 ac lot
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Property summary

AI-generated overview

Knoxville Crossing offers exceptional retail land opportunities in Peoria, Illinois. This newly developed shopping center boasts six available outlots ranging from 0.75 to 5.56 acres, priced from $4.75 to $6.50 per square foot. Strategically located at the intersection of Knoxville Avenue and Alta Road, just north of the Route 6 Interchange, this high-visibility location benefits from significant traffic flow and excellent exposure. The area is anchored by Schnuck's and features a strong mix of established businesses including Walgreens, McDonald's, Hucks, Great Clips, Potbelly, Verizon, and C'EST Ally Spa. Lighted intersections further enhance visibility and accessibility. These versatile pads are ideal for a variety of commercial uses, providing an excellent opportunity for businesses seeking a prime location in a thriving retail environment. The property offers significant potential for growth and return on investment due to its location, size options, and the presence of established, successful businesses. Contact us today to learn more about these exceptional retail outlot opportunities.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

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

Location

10405 Centerway Dr Peoria, IL 61615
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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