Cherry Tree Shopping Center 8-70 Cherry Tree Shopping Ctr 4,835 - 17,435 SF of Retail Space Available in Washington, IL 61571

HIGHLIGHTS

  • Washington Road is a major shopping destination with a Walmart and Menards nearby.
  • A strong consumer base boasts a median household income of $72,000 within 5 miles.
  • The property has great visibility from State Road 24, a main artery through Washington.
  • The center provides over 2,000 feet of frontage at a signalized intersection with 3 points of egress.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste D-1
  • 4,835 SF
  • 5-10 Years
  • $12.00 /SF/YR
  • Triple Net (NNN)
6-64 Cherry Tree Shopping Ctr - 1st Floor - Ste D-1
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

This is an in-line suite that is built-out for general retail services. Previously a Hallmark store. Move in condition!

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste D-4B
  • 12,600 SF
  • 5-10 Years
  • $12.00 /SF/YR
  • Triple Net (NNN)
6-64 Cherry Tree Shopping Ctr - 1st Floor - Ste D-4B
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

Junior anchor suite that is in-line and built-out for general retail uses. Previously a furniture store.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste D-1 4,835 SF 5-10 Years $12.00 /SF/YR Triple Net (NNN)
1st Floor, Ste D-4B 12,600 SF 5-10 Years $12.00 /SF/YR Triple Net (NNN)

6-64 Cherry Tree Shopping Ctr - 1st Floor - Ste D-1

Size
4,835 SF
Term
5-10 Years
Rental Rate
$12.00 /SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

This is an in-line suite that is built-out for general retail services. Previously a Hallmark store. Move in condition!

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

6-64 Cherry Tree Shopping Ctr - 1st Floor - Ste D-4B

Size
12,600 SF
Term
5-10 Years
Rental Rate
$12.00 /SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

Junior anchor suite that is in-line and built-out for general retail uses. Previously a furniture store.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

SELECT TENANTS AT CHERRY TREE SHOPPING CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Bard Optical, Inc.
  • Eyeware Accessories
  • 29
  • Local
  • Cherry Garden
  • Restaurant
  • 1
  • Local
  • Ivy Rehab
  • Health Care
  • 277
  • National
  • Kroger
  • Retailer
  • -
  • -
  • Monical's Pizza
  • Pizza
  • 75
  • Regional
  • U.S. Cellular
  • Wireless Communications
  • 790
  • National
TENANT DESCRIPTION US LOCATIONS REACH
Bard Optical, Inc. Eyeware Accessories 29 Local
Cherry Garden Restaurant 1 Local
Ivy Rehab Health Care 277 National
Kroger Retailer - -
Monical's Pizza Pizza 75 Regional
U.S. Cellular Wireless Communications 790 National

PROPERTY FACTS

Total Space Available 17,435 SF
Center Type Community Center
Parking 1,155 Spaces
Stores 16
Center Properties 4
Frontage
669’ on N Cummings Ln
  • 1,322’ on US 24
Gross Leasable Area 206,763 SF
Total Land Area 19.65 AC
Year Built 1981
Cross Streets Rte 24

ABOUT THE PROPERTY

This Kroger-anchored shopping center is in a great location with ample traffic given its convenient access to near by residential neighborhoods and just 10 miles East of Peoria, IL. The center is also home to a Kroger fuel center as well as a fully-renovated Stock+Field. The property features ample surface parking with entrances to the shopping center from both Washington Road and N Cummings Lane.

  • 24 Hour Access
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru

NEARBY MAJOR RETAILERS

Kroger
Heartland Bank & Trust Company
Hometown Community Banks
CrossFit
PNC Bank
  • Listing ID: 17714066

  • Date on Market: 12/20/2021

  • Last Updated:

  • Address: 8-70 Cherry Tree Shopping Ctr, Washington, IL 61571