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801 W Lake Ave
Peoria, IL 61614
Value-Add Retail Shadow Anchored By Kroger · Retail Property For Sale
Investment Highlights
- 801 West Lake Avenue is a prominently positioned 25,000-square-foot box-store retail asset within the Evergreen Square Shopping Mall in Peoria.
- Rare value-add box store opportunity to acquire a fully vacant, flexible, open floor plan property with immense leasing potential.
- Located just off the exits of Interstate 74 and Route 150, the retail center is situated to capture significant traffic counts of 15,000 VPD.
- Prominent location shadow-anchored by Kroger and Oak Street Health, helping drive consistent daily needs retail traffic to this property
- Excellent surrounding 5-mile demographics include a dense population of 117,000 people spending over $1.2 billion per year across all sectors.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
25,000 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.81
Lot Size
0.71 AC
Parcel Number
14-20-476-033
Zoning
C-2
Parking
280 Spaces (11.2 Spaces per 1,000 SF Leased)
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