Peoria Retail for Lease - South Peoria
This highly flexible retail space presents a rare opportunity to lease either the entire 40,000 SF space or a subdivided 20,000 SF unit. The landlord is prepared to divide the space into two equal units of 20,000 SF each, with each featuring private restrooms and prominent storefronts. A generous tenant improvement (TI) allowance is available for long-term leases. Renovations to accommodate subdivision are estimated to take approximately 5–6 months.
This property is currently a Best Buy with a large open floor plan. The space includes 2 loading docs and 2 roll up garage doors and some storage/warehouse space in the rear of the building. There are designated men's and women's bathrooms, an employee break room and a training room.
This property is located in a strip mall with Target and Lowes as anchor tenants. The tenant would have access to a large pylon road sign (photo attached). This property is located along W War Memorial Dr (37,500VPD), a primary north-south thoroughfare, and is just north of Interstate 74 (26,400 VPD). Located alongside a signalized intersection and dedicated turn lane.
