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Famous Dave's Bar-B-Que 7411 N Grand Prairie Dr 4,910 SF of Retail Space Available in Peoria, IL 61615
Highlights
- Free-standing former restaurant with drive-thru potential.
- Highly visible pylon signage along North Grand Prairie Drive.
- Surrounded by strong co-tenancy including Hy-Vee, Starbucks, Long Horn Steakhouse, and Marshalls.
- Positioned at the entrance to The Shoppes at Grand Prairie, anchored by major national retailers.
- Located near Louisville Slugger Sports Complex, attracting millions of visitors annually.
- Affluent trade area with average household incomes exceeding $169,000 within 7 miles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,910 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
7411 N Grand Prairie Drive presents a prime retail opportunity in Peoria, Illinois. This 4,910 SF free-standing former restaurant offers excellent visibility and accessibility, positioned at the entrance to The Shoppes at Grand Prairie, a premier regional shopping destination anchored by Dick’s Sporting Goods, HomeGoods, and Marshalls. The property includes the potential for a drive-thru, making it an ideal choice for quick-service or casual dining operators seeking a high-traffic location.
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Former restaurant available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,910 SF | Total Land Area | 1.07 AC |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Restaurant | Parking Ratio | 5.09/1,000 SF |
| Gross Leasable Area | 4,910 SF |
| Total Space Available | 4,910 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,910 SF |
| Total Land Area | 1.07 AC |
| Year Built | 2004 |
| Parking Ratio | 5.09/1,000 SF |
About the Property
7411 N Grand Prairie Drive presents a prime retail opportunity in Peoria, Illinois. This 4,910 SF free-standing former restaurant offers excellent visibility and accessibility, positioned at the entrance to The Shoppes at Grand Prairie, a premier regional shopping destination anchored by Dick’s Sporting Goods, HomeGoods, and Marshalls. The property includes the potential for a drive-thru, making it an ideal choice for quick-service or casual dining operators seeking a high-traffic location. The site benefits from highly visible pylon signage along North Grand Prairie Drive and is strategically located near the Louisville Slugger Sports Complex, which attracts between 5,000,000 and 6,000,000 visitors annually. This strong regional draw, combined with proximity to national retailers and popular dining establishments such as LongHorn Steakhouse, Starbucks, and Hy-Vee, ensures consistent customer traffic and brand exposure. With strong demographics, including an average household income exceeding $169,000 within a 7-mile radius and a daytime population of over 321,000, this location offers exceptional market potential. The property’s convenient access to major roadways and its position within a thriving retail corridor make it a compelling choice for operators looking to capitalize on Peoria’s growing consumer base.
- Signage
Nearby Major Retailers
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Famous Dave's Bar-B-Que | 7411 N Grand Prairie Dr
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