Retail Opportunity

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.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. Location Highlights: 5001 Big Hollow Road is located within Glen Hollow Shopping Center — Peoria’s premier retail trade area. The center is home to major national retailers including Walmart, Target, TJ Maxx, Hobby Lobby, Schnucks, Kroger, Hy-Vee, Lowe’s, Ross, Ulta, Burlington, and Best Buy, among many others. The property benefits from excellent visibility along War Memorial Drive, Peoria’s primary north-south corridor, with traffic counts exceeding 41,100 vehicles per day. Situated at a signalized intersection with dedicated turn lanes, the center offers easy access and high exposure. Peoria serves as the county seat of Peoria County and is the eighth largest city in Illinois, with a city population of over 108,000 and a metropolitan area population of approximately 400,000.