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1607-1641 Broadway St
Pekin, IL 61554
Kroger Shadow Anchored Center · Property For Lease

PROPERTY FACTS

Property Type Retail
Gross Leasable Area 91,500 SF
Total Land Area 9.86 AC
Year Built 1998
Parking Ratio 5/1,000 SF

ABOUT THE PROPERTY

Come and be part of The Pekin Advantage in this Kroger anchored shopping center located on a main artery in Pekin. Illinois Cancer Center just opened in pad to center and brings synergy to a great existing tenant mix. Location. More than 34,000 people call Pekin home. Located on the banks of the Illinois River, Pekin sits halfway between Chicago and St. Louis (about 165 miles from each), a few hours from Indianapolis, and just 10 miles south of Peoria. Pekin is a Main Street City, and the Metropolitan Service Area contains a population of nearly 350,000. Diversified Economy. As the county seat for Tazewell County, Pekin enjoys a solid economic base and is home to many professional, industrial, and manufacturing jobs. Our major employers include Pekin Hospital, Pekin Insurance, the school districts, county and city government, and one of the largest ethanol facilities in the nation. Riverway Business Park. Adjacent to the navigable Illinois River, Riverway Business Park occupies 395 acres. The park offers affordable land, compatible neighbors, wide streets with curbs and gutter, underground utilities, flat and readily buildable land, access to nearby interstate highways as well as air, rail, and barge lines. Among the companies currently located in the Business Park are these: Hanna Steel, WinPak Heat Seal Corporation, Amerhart, Elecsys, Excalibur Seasoning, PAL Health Technology, Illinois Central College South Campus, and the Federal Correctional Institution, a medium/minimum security facility. Economic Development Incentives. Pekin incentives for economic development include Tax Increment Financing Districts, the Pekin Area Enterprise Zone and Foreign Trade Zone designations, and the Pekin Economic Development Investment Fund. Schools. Pekin’s residents enjoy the benefits of a dual school district. District 108, a K-8 district, enrolls about 4,000 students and employs more than 300 teachers. The district has embraced the Malcolm Baldridge criteria for Performance Excellence as its improvement model. Pekin Community High School District 303 sits on a 70-acre site and serves the educational needs of approximately 2000 students from Pekin and the surrounding area. The high school employs 140 teachers who provide instruction in over 220 courses including an array of Advanced Placement courses as well as Career and Technical Education programs of study. Students can also participate in one of the 12 sports or 27 clubs and activities. Parks. Encompassing over 2,500 acres of land in 13 parks, the Pekin Park District is the fifth largest park district in Illinois. The park district is expanding, too, by building a new 80-acre sports complex on Pekin’s South side.

ATTACHMENTS

Broadway, Pekin
  • Listing ID: 16369032

  • Date on Market: 6/17/2019

  • Last Updated:

  • Address: 1607-1641 Broadway St, Pekin, IL 61554

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