Map of Property

Retail Opportunity

For Lease

5001 N Big Hollow Rd, Peoria, IL 61615

You can currently find 1 retail space(s) available for lease at Retail Opportunity. Designated use type for space listed here includes strip. Current retail listings at this property total 46,430 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Retail Opportunity.

Space Available For Lease 1

Contacts

broker
Walker Oglesby

TPG Real Estate Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 46,430 SF
  • Units 1
  • Lot Size 5.96 Acre
  • Property Tenancy Single Tenant
  • Year Built 2003
  • Date Updated Jan 16, 2025
This property is situated within the Glen Hollow Shopping Center, one of Peoria's largest power centers, anchored by major retailers such as Target, Lowe's, TJ Maxx, Barnes & Noble, and many other nationally recognized brands. Located along War Memorial Drive, Peoria's primary North-South corridor, the center experiences over 41,100 cars passing daily. The center is positioned at a signalized intersection with dedicated turn lanes. Since 2019, when the former Cub Foods building was renovated to house TJ Maxx, Party City, and others, no junior anchor or big box spaces have been available at Glen Hollow.5001 Big Hollow is located within Glen Hollow Shopping Center the most prominent retail trade area in Peoria, featuring Walmart, Target, TJ Maxx, Hobby Lobby, Schnucks, Kroger, Hy-Vee, Lowe’s, Ross, Ulta, Burlington, and Best Buy, amongst many others. Situated along War Memorial Drive which has over 41,100 cars per day and is Peoria’s primary North-South corridor. The center sits a signalized intersection and dedicated turn lanes. Peoria is the county seat of Peoria County and the 8th largest city in Illinois with a total population of more than 108,000 in Peoria and approximately 400,000 in the metropolitan area.
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Highlights

  • - 319 designated parking spaces
  • - TI may be negotiated
  • - NNN Lease
  • - $15.00psf

Getting around

  • 39/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Peoria, IL
  • Neighborhood Northwest Peoria
  • Zip Code 61615

Points of Interest

  • Circle K

    0.37 miles

  • Casey's

    1.29 miles

  • Shell

    1.75 miles

  • Hy-Vee Gas

    2.98 miles

  • ChargePoint

    3.05 miles

  • Gas

    3.11 miles

  • BP

    3.41 miles

  • Kroger

    3.90 miles

  • Tesla Motors Destination Charger

    4.68 miles

  • Tesla Supercharger

    5.35 miles

  • additional parking

    3.46 miles

  • Main Street Parking Deck

    3.51 miles

  • Faculty & Commuter Parking

    3.60 miles

  • Faculty & Staff Parking

    3.60 miles

  • Commuter Parking

    3.74 miles

  • Duryea Parking Deck

    3.75 miles

  • Commuter & Faculty Parking

    3.80 miles

  • Parking for UnityPoint Methodist Hospital

    3.87 miles

  • Parking for employees of UnityPoint Methodist Hospital

    3.89 miles

  • OSF North Parking Deck

    3.92 miles

  • Hometown Buffet

    0.18 miles

  • Wendy's

    0.21 miles

  • Steak 'n Shake

    0.26 miles

  • IHOP

    0.27 miles

  • Dunkin'

    0.43 miles

  • Popeyes

    0.46 miles

  • Chick-fil-A

    0.48 miles

  • McDonald's

    0.49 miles

  • Panera Bread

    0.49 miles

  • Chipotle

    0.50 miles

  • Shop 'n Save

    0.08 miles

  • Target

    0.17 miles

  • Northwoods Mall

    0.74 miles

  • JCPenney

    0.77 miles

  • Kroger

    1.40 miles

  • Schnucks

    1.48 miles

  • Walmart

    1.80 miles

  • ALDI

    1.87 miles

  • Kohl's

    1.98 miles

  • Swagat

    2.10 miles

5001 N Big Hollow Rd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    5001 N Big Hollow Rd is located in Northwest Peoria, which is home to a total of 35 listing(s). Retail space at Retail Opportunity asks $15.00/SF/YR per square foot.

  • The property includes 46,430 square feet of retail space for lease. Of this total, 46,430 square feet are Strip.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Northwest Peoria is 39. The average household income here is $81,890 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Walker Oglesby

TPG Real Estate Partners

  1. 1Main information
  2. 2Extra information
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