602 Glen Ave, Peoria, IL 61614
Glen Plaza Shopping Center presents a compelling investment opportunity in Peoria County, Illinois. This established retail center, built in 1975, comprises three buildings totaling 61,967 square feet and offers multiple tenancy options. Currently, 11,989 square feet of space is available, with units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,813 square feet. Three individual suites are immediately available for lease: a 3,791 square foot space at 4806 Sheridan Road, a 1,412 square foot space at 4720 Sheridan Road, and a 5,985 square foot space at 4722 Sheridan Road. The 4720 and 4722 Sheridan Road units can be combined for a larger footprint. The center benefits from a high-traffic location at the intersection of Sheridan and Glen Roads, providing excellent visibility. Neighboring businesses include prominent establishments such as the Alzheimer's Association, Tricocci University, and Walgreens. The property features two pylon signs for enhanced marketing opportunities. Lease incentives and tenant improvement allowances are available. This prime location and flexible space options make Glen Plaza Shopping Center an ideal choice for a variety of businesses.
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Tricoci University of Beauty Culture Peoria Hair Salon
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
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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.