Map of Property

801 W Lake Ave

For Lease

801 W Lake Ave, Peoria, IL 61614

You can currently find 7 retail space(s) available for lease at 801 W Lake Ave. Designated use type for space listed here includes strip and retail. Current retail listings at this property total 91,859 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 801 W Lake Ave.

Space Available For Lease 7

Contacts

broker
Cole Babcock

Vieweg Real Estate

Property Details

  • Property Type Retail - Strip
  • Property Size 92,280 SF
  • Units 9
  • Lot Size 0.71 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 3, 2025
trategically situated at the busy intersection of N Sheridan Road and W Lake Avenue, Evergreen Square benefits from exposure to over 25,000 vehicles per day. The center is easily accessible from Downtown Peoria, Interstate 74, and major thoroughfares like Route 6 and Route 40. With multiple ingress/egress points and pylon signage opportunities, visibility and traffic flow are optimized for tenants. The surrounding area features a high-density residential population with strong household income levels and a solid daytime employee base. Within a 3-mile radius, there are over 74,000 residents and more than 32,000 households, offering a stable and diverse consumer demographic.Evergreen Square is a high-visibility, multi-tenant shopping center located in the heart of Peoria's vibrant retail corridor. Anchored by nationally recognized tenants such as Kroger, Citi Trends, and Dollar Tree, this community center boasts over 260,000 square feet of gross leasable area and is supported by strong daily traffic volumes and excellent accessibility. A range of retail units are available, including a built-out restaurant space and several large-format suites that offer redevelopment potential for national retail, medical, service, or entertainment users. The available space offers a unique opportunity to repurpose and modernize retail in a thriving trade area. The center is surrounded by new developments and in close proximity to established and growing residential neighborhoods, brand new apartment complexes, and other thriving commercial centers. These dynamics provide a consistent customer base and strong foot traffic. Rental Rates: Estimated rent ranges from $14.00 to $18.00 per square foot (NNN) depending on suite size and required tenant improvement allowance.
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Highlights

  • Current Availability:
  • Suite 100: 25,000 SF – Former large-box retail space with excellent visibility and signage, ideal for fitness, grocery, or national soft goods tenant
  • Suite 102: 2,680 SF – Inline space suitable for boutique retail or professional office use
  • Suite 110: 2,748 SF – Endcap with frontage; potential patio area; former restaurant with partial build-out in place
  • Suite 105: 9,440 SF – Mid-sized unit, open plan, suitable for general retail or medical conversion
  • Suite 109: 10,860 SF – High ceiling clearance, service or discount retail opportunity
  • Suite 117: 11,281 SF – Inline box opportunity with strong visibility and depth
  • Suite 116: 30,271 SF – Major anchor box; reconfiguration potential; ideal for value retail, entertainment, or multi-tenant subdivision
  • Total Available: 92,280 SF

Getting around

  • 71/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Peoria, IL
  • Neighborhood Central Peoria
  • Zip Code 61614

Points of Interest

  • Circle K

    1.49 miles

  • BP

    1.60 miles

  • Shell

    1.72 miles

  • Casey's

    2.97 miles

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    3.24 miles

  • Gas

    3.26 miles

  • Tesla Motors Destination Charger

    3.57 miles

  • Tesla Supercharger

    4.27 miles

  • ChargePoint

    4.71 miles

  • Chargepoint Level 2 EV Charger

    7.92 miles

  • OSF North Parking Deck

    2.66 miles

  • Parking for UnityPoint Methodist Hospital

    2.71 miles

  • Service parking for UnityPoint Methodist Hospital

    2.78 miles

  • Delivery Parking for UnityPoint Methodist Hospital

    2.79 miles

  • Parking for employees of UnityPoint Methodist Hospital

    2.80 miles

  • Parking for the UnityPoint Methodist Hospital Emergency Room

    2.80 miles

  • Medi-Park 3

    2.82 miles

  • Additional parking for the UnityPoint Methodist ER

    2.83 miles

  • Medi-Park 2

    2.84 miles

  • Parking for UnityPoint Methodist Hospital patients & visitors

    2.90 miles

  • Sweet Basil Cafe of Peoria

    0.13 miles

  • DQ Grill & Chill

    0.18 miles

  • Jimmy John's

    0.37 miles

  • Culver's

    0.45 miles

  • Noodles & Company

    0.49 miles

  • Wingstop

    0.53 miles

  • Qdoba

    0.55 miles

  • Lou's Drive-In

    0.57 miles

  • Chili's

    0.60 miles

  • McDonald's

    0.76 miles

  • Kroger

    0.03 miles

  • Schnucks

    0.46 miles

  • ALDI

    0.90 miles

  • Walmart

    1.06 miles

  • JCPenney

    1.26 miles

  • Northwoods Mall

    1.27 miles

  • Target

    1.68 miles

  • Shop 'n Save

    1.77 miles

  • Swagat

    2.31 miles

  • Kohl's

    3.44 miles

801 W Lake Ave 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.

    801 W Lake Ave is located in Central Peoria, which is home to a total of 45 listing(s). Retail space at 801 W Lake Ave asks $16.00/SF/YR per square foot.

  • The property includes 91,859 square feet of retail space for lease. Of this total, 52,148 square feet are Strip, 39,711 square feet are Retail.

    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 Central Peoria is 39. The average household income here is $59,504 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
Cole Babcock

Vieweg Real Estate

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  2. 2Extra information
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