3116 N Sterling Ave
Peoria, IL 61604
Family Dollar · Retail Property For Sale

This Family Dollar is located at 3116 North Sterling Avenue in Peoria, Illinois. Peoria is the county seat of Peoria County in central Illinois and is located on the Illinois River. Surrounding Retail and Points of Interest The subject property is located in a dense suburban community where it benefits from its proximity to several major national tenants including Kroger, Big Lots, CVS, Little Caesars, and Pizza Hut, among others. About a mile to the east there is another retail cluster anchored by Walmart, Hobby Lobby, and various Landmark facilities, such as a movie theatre, bowing ally, and health club. The 680,000+ square foot Northwoods Mall, the largest retail center in Peoria, is located just a mile and a half to the north of the property. This Family Dollar Property is also located just over three miles northeast of the 648-bed OSF Saint Francis Medical Center, the largest downstate hospital in Illinois, as well as UnityPoint Health Methodist, which is a 348-bed facility. The subject property is also located near two major academic institutions. Bradley University, which enrolls approximately 5,400 students, is located approximately two miles south of the property and Central Illinois College Peoria, which enrolls over 10,700 students, is located just three miles to the northeast. Traffic Counts and Demographics Peoria has approximately 78,497 individuals residing within a three-mile radius of the property and more than 127,812 individuals within a five-mile radius. The Family Dollar property is located on the corner of North Sterling Avenue and West Forest Hills Avenue. North Sterling Avenue and West Forest Hills Avenue experience average daily traffic counts of roughly 17,400 and 11,500 vehicles respectively. Peoria, Illinois Peoria is home to a strong healthcare sector with its three hospitals and the University of Illinois College of Medicine. Undergraduate education is also an important economic driver for the city, led by Illinois Central College and Bradley University. The USDA’s largest facility, the National Center for Agricultural Utilization Research, is located in Peoria and contributes to the over $2 billion in research that is conducted in Peoria annually. Manufacturing also play a significant role in the economy, evidenced by the major presence of Caterpillar Inc, the city’s largest employer. Other manufacturers include Komatsu America Corporation and Maui Jim, the latter of which has its world headquarters in Peoria. Museums in Peoria include the Pettengill-Morron House, the John C Flanagan House of the Peoria Historical Society, and the Wheels o' Time Museum. A new Museum Square that opened in 2012 also houses the Peoria Riverfront Museum and a planetarium. Metro Peoria is served by ten common carrier railroads and the General Wayne Downing Peoria International Airport.